Ann: Completion of Placement, page-172

I'm with Benny & Rat.
Yeh, no one likes the terms of the deal, but its done and tranche 2 will pass. Management is greedy, but are they incompetent fools? I'm guessing not. Why put a deal forward, which you know is going to repulse many, unless you've atleast done your numbers and have the support?
So tranche 2 passes. Let's bring in ASIC. Let's sack the board. Yeh, that won't impact the SP and future prospects much.........
All we can do is hope the new SI is getting involved with a LT view.
If BP & BoD are confident they've got it all covered, then why delay? Let's get the SP pumping. The chart is ripe & ready to roll. As I've already stated, there's every possibility the SP could be $1 by 18 Jan & no-one will give a shite about the sweet deal, because we're all making money