Ann: Offer Document - Rights Issue, page-8

Yes, however his resources are not limitless. At 8c it's valued at approx 16mln. No one in their right mind would pay that on or off-market given the current state of affairs. That would leave him as the only direct / indirect buyer. And there are only so mamy shares he could buy before it tanks.

I am not sure who is reporting my posts, but if anyone does again and that request would be based on potential defamation - I request that my post be not moderated and I authorise hotcopper to release my personal information and address to the company or its officers so they can come at me with defamation proceedings which I will dutifully defend on the basis of truth or substantial truth. Not referring to you ST.