Capital Raise announcement seems to give retail holders a bit of...

Capital Raise announcement seems to give retail holders a bit of a raw deal, hey? Let's break it down:

Retail Offer: If a retail investor hypothetically applies for $2 million worth of shares, they'd get 100,000,000 shares and 50,000,000 options. Assuming they exercise the options, the average cost per share would be $2,000,000 divided by 150,000,000 shares, which comes out to 1.33 cents.

Board Offer (Unclear): The announcement suggests the CEO and others investing $2 million receive 100 million shares and 100 million options, resulting in a 1 cent average cost per share if exercised. That's a 25% discount compared to retail investors.

The reason for this difference isn't exactly clear.

It's fair to ask these questions before participating in the capital raise:

1.Why are retail investors offered less favourable terms than the CEO and others involved?
This isn't the CEO's first rodeo - company history shows they've sold shares at much higher prices in the past.

Alternative Options:

Perhaps a better approach might have been: Selling the entire company via a scrip issue to another ASX-listed company like BDT or any other in similar industry (not currently a shareholder, by the way).Replacing the AMS management team to prevent further dilution and stop these seemingly outrageous proposals from the CEO and board in my opinion.