re: Ann: Notice of Extraordinary General Meet... Take That-you're spot on.
"So, I assume you would have made that commitment in January while the share price was around .05/.06 cents. Right?
It's all about Risk V's Reward.
You risked your $$$ in January by committing to participate in a placement upon shareholder approval, not knowing what the price would be come EGM time.
Therefore come EGM if the price is south of .06 cents - tuff titties, but on the other hand if the price is north of .06 cents - then you should be rewarded."
It's a shame ppl are reacting with short memories...these guys were risking in January at a time when the SP was 0.006. And the deal being offerred to them is???
It aint back slapping deals. We are all enjoying a high SP right now thanks to all the groups in all 5 resolutions. Voting "no" is pinching pennies for pounds IMO.
Best of luck to all
Ann: Notice of Extraordinary General Meeting/Prox, page-29
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