the way ahead for dynasty, page-8

The decision for resolution 8 comes down to a simple question of finance.

If you vote "Yes" then you are giving the broker 1 million shares which are valued at $185,000 at todays closing price.

If you vote "No" to resolution 8 then the company must pay $145,000 which represents 6% of the placement.

It makes commercial sense in my opinion to vote for the lesser figure for two reasons.

1) Why pay someone more than you have to and;
2) The broker would most likely want to cash in the shares straight away if you voted Yes. 1 million shares being sold at once would put downward pressure on the share price which is low enough as it is.