Vote no to Resolution 3 imo - they want discretion to issue...

Vote no to Resolution 3 imo - they want discretion to issue another 10% of dilutive new shares on top of the 15% placement capacity they already have. That’s 25% of issued capital that this tiny club of directors wants to be able to issue on a whim without seeking shareholder signoff on any such raise or deal.



If somebody new wants in here then make them buy our existing shares on market, or at least get our agreement on the individual merits. Not get a sweetheart deal to take out a quarter of the company in new stock without our review & say so - all while diluting us further and giving more play money to the lifestyle directors.

They need 75% of votes cast to agree to this resolution otherwise the placement capacity remains at the standard 15%, so your “no” vote can make a difference.