It is interesting to note that of the 8,385 shareholders @30June...

It is interesting to note that of the 8,385 shareholders @30June 2016, 5,869 shareholders held less than a marketable parcel of shares. I think I recall from one of the previous announcements that the company was going to offer to buy back unmarketable parcels, wonder why that did not happen?

Goes to show nothing like a few cap raisings and placements to dilute ones holdings.

With the current market cap @$21 mill, $4mill (16%) lower than @ 30 June 2016, it would seem that it owes more than its market cap IMHO.

DYOR My thoughts and ramblings only