Anyone wish to send something like I add below? I don't wish to give away my email address after wishing for someone to choke on a fish bone. So I retract the choke bit, temper it to a mouth ulcer or something and offer the following for someone to submit.
Request for further clarification as to why further dilution of the company is seen as a more effective wealth generator than a debt facility. After all many recent announcements state that there are numerous Australian and overseas organisations eager to facilitate IFE activities. If there are strings attached then surely the major shareholders should look elsewhere until a solution is found. As a share holder I feel that dilution via offering of shares to 'sophisticated investors' and not to existing share holders is betraying the trust and capital of the share holders. Finally may I ask why it is only now that a performance reward for shipping of iron ore is being raised when the proposed dates are later than earlier proposed dates? I am excited about the great work that management has been paid to achieve but the latest announcement carries a perception of excessive greed at the expense of share holders.
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