Ann: Fully Underwritten Entitlement Issue, page-9

Only a few readers can decipher the posts of discovery4. Normally Billy can do so, but I confess that this one has me stumped.

I get the bit about Doz increasing, and he is to be commended on his expansion. However, I'm not sure of the concept of a "but side." Still, the English language is constantly evolving, and all power to those who contribute to its development.

The other highlight today is the comparison of the Norwood board with those of Spark, Microsoft and Metaswitch. The Norwood boys are right up there, and it's not their fault that they've been out of luck for so long. They've tried really hard, and it was good to see them having a robust discussion at the Entrecote restaurant.

More importantly, perhaps, we wait with bated breath the level to which non-director shareholders are supporting the 1:7 issue. Surely it's not true that the prospectus is in recyclable bins all over Australia.