I feel retail shareholders are being screwed again, just like we...

I feel retail shareholders are being screwed again, just like we were in the last capital raising. Although the press release alludes to the situation if you stump up $2000, you will get 210 shares @$9.50/sh and if you put up $30000, you will get 3157 shares, that will not be the case. In the last Annual Report, MP1 had 6028 shareholders. If they all accept the offer we will have 1,578,947 shares split evenly, meaning we would all get 261 shares, regardless if you hold 10 shares or 100,000 shares. My guess is even if you seek $30000 worth, you will be lucky to end up with 300-400 shares. Hardly worth the paperwork

We are being treated like mugs and all the benefit is going to the favoured institutions who may not have any existing shareholding. The Board is showing a huge amount of disrespect to existing retail share holders.