Ann: Half Yearly Report and Accounts, page-38

In hindsight, it was the right thing to raise last year when they were able to, would be hard to do it now. Yes, I hated the CR, did not see the necessity back then, opposed the CR price but have to admit, it was a very smart move.

IMU will easily recover, cashed up while soon many comps get caught up with their debt. In the end cash is king and that is what they got sufficiently to get through all their trials.

Market and many IMU holders may not understand that now but will in 3-6 months time when the virus crisis turns into a debt stricken financial crisis.

DOW down another 1000 now, let's see where it closes in a few hours and how the ASX reacts on Monday.

GLTA