Ann: Notice of Annual General Meeting/Proxy Form, page-2

  1. 4,077 Posts.
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    I’m interstate and I’m doing this on my phone so it won’t be long. Looks like in addition to asking for the new remuneration approach, they want an additional 10% placement capacity.

    that will mean they can sell a total of an additional 25% of current shares to raise capital.

    My view is if they need the money, they need the money. Would much prefer a dilution than to run out of money.

    the question is if they really need the money. I will ask the company to persuade me this is a good approach.

    i will let you know what they say.

    i would be interested in what other people think about this and the renumeration vote.
 
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