I actually think it is good they are doing this but they really should have done it earlier when they were cash flow positive and had more cash in the bank rather than now as it looks desperate.
It may help people sell out as at the moment it is difficult with 6+B shares on issue or whatever it is.
I expected this to do a lot better than it has but having money stuck in this sucks.
Ann: Notice of Annual General Meeting/Proxy Form, page-3
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