Guys
Just to clarify this is a standard clause in most AGMs nowadays and as pointed out by many is merely put in as a precaution so that for whatever reason. if we come across an opportunity and need to do a CR or issue some stock to a vendor (and we have always done that at a premium to the market - Cash+ purchase was a 15% premium and Cash My ATM purchase was a 25% premium to market), we don't have to have an EGM to do it.
@oxxa23 , @Rajenp5 and others are right in that I have clearly outlined we are not doing any CR anytime soon. This current share price is way too cheap IMHO and the debt instrument we are putting in place for the Indue acquisition will not require us to do any CR anytime soon!
Post bedding down that acquisition in early 2017, the launch of our new EFTPOS products and the banking products in 2017 suggests you should get in while you can at these levels gents (and gals) because you won't get that opportunity in 2017, DYOR and IMHO....
Guys Just to clarify this is a standard clause in most AGMs...
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