re: Ann: Prospectus, Appendix 3B and letter t... This is ridiculous from management. How r they rewarding shareholders with this placement if it's entitlement date is in the future?
That isn't rewarding shareholders at all... It says to public u can get the same deal as shareholders, just buy b4 the 15th. This plan robs the shareholders of any current value in the stock. From what far flung idiotic universe did come up with he idea this plan would be good for shareholders? I would rather the placement have just gone to the soph toffs and ignored shareholders all together. At least the price would have held up a little.
Unless they come out with a decent JORC update b4 monday this will be sub 4 in no time.
Management u have 48hrs. Prove yourself.
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