Ann: Application for quotation of securities - CLZ, page-18

FIFO & Rod . every now and again I break my golden rule , of not sending good money after bad, by averaging down. The allure of getting your money back is very tempting. But one needs enormous faith in management . Here they showed their cards with the disastrous structuring of the convertible notes - that almost diluted existing holders out of existence - I 'one-hundred-percent ' do not have that level of faith- to trust this lot with any more money