All the shares are issued at around the current shareprice, possibly not as "dilutionay" as you make out flock.
If they use the funds raised to generate cash then I don't think you'll see many complaints from shareholders - especially given the months of notice of SPP issuance of shares and years of notice of the potential issuance of shares under the 2 cent options.
Are you a shareholder?
Ann: Appendix 3B, page-14
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