Ann: CEO's AGM Presentation to Shareholders, page-19

I think most of people here share this sentiment. my question is how many more times your shareholding will be diluted before this happens (if it happens).

PS: Rex raised and spent $210m since 2008. What really irks me about that is had they put aside just 5% ($10m) of that money for contingencies, we would easily have 2-3 more years of runway to weather out the dip in CU and the regulatory delays... easily... instead we spent millions on consultants and to lease a flashy office in the middle of the CBD that we had to abandon anyway... it just looks and smells like bad management of shareholders funds to me.