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30 Nov 2023 AGM: Questions to be Asked, page-214

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AM27

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22/11/23

11:53

Post #: 71040243
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Originally posted by gastrader: ↑

The answer you will be given, is that having a predetermined ability to raise capital without having to go back to shareholders for approval is pretty standard practice. Companies like to have this capacity for unforeseen circumstances. It doesn't mean that they will use it, and frankly dilution is not good for the directors either.

They would not likely utilise that facility unless it was 'absolutely' necessary. I understand why people are not feeling particularly trusting at the moment, because we see the share price dropping when it should be going up. We all feel like there is something they are not telling us. I think it is easy to jump at shadows right now. Let's see what the AGM brings........it might give us something real to jump upon and down about......one way or another.

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directors are not affected by dilution once they are included in the bonus sale pool.

4DS Price at posting: 9.9¢ Sentiment: Buy Disclosure: Held
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