I don't understand how they can be allowed to capital raise again without a full explanation of what happened to the $30m -- including who knew what and when.
Given that they never make a profit, that was literally $30m of shareholders' funds. If they fraudulently disposed of $30m of shareholders' funds in the past, why would you give them another $24m when all but one of same people - directors, executives - are still there doing the same thing?
AFR - Cap Raise, page-12
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