Instead of rehashing to same old glossy pictures over and over again , How about discussing the massive dilution the company is proposing as below over the next 12 months after the upcoming AGM . .
Under Listing Rule 7.1A, however, an Eligible Entity can seek approval from its members, by way of a special resolution passed at its annual general meeting, to increase this limit by an extra 10% to 25%.
So during the next AGM 12 month period , A SH holding of 1 million shares at the end of the period would only have the value of 750.000 shares with the 25% dilution the company is proposing.
IMO It speaks volumes of desperation to raise funds off existing SHs . With no strategic of off take partners lined up that has been talk about by Tim over the last 2- 3 years , Milk existing holders rinse and repeat.
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(20min delay)