Ann: Half Yearly Report and Accounts, page-33

Simple answer, profitable business > unprofitable business, regardless of what the share price may say.

Whenever you chose to buy, which has clearly influenced your view on the business, is your own issue. I believe any rational investor would consider the business to be superior now to when the cap raising was undertaken.

For those who consider the share price to be indicative of success, ask those of us who bought at sub 2c what their views are...if you felt the business was worth investing in when priced at 90c and unprofitable, you need to look at your own investment decision making process.