I understand MickQld frustrations, he was a shareholder for a long time and I can understand where he is coming from with his comments. They aquired projects in 2007 and have nothing to show for it as yet.
In saying that, I think it was chumpinator or Motopram awhile ago mentioned that most of the ascent start ups have struggled over the same period (2007- now). MHL, SSC, WAG are all under 1 cent. They really haven't had the money to advance these projects.
Rob, I agree that it is hardly dilutionery and holders do get the chance to get involved with cheap shares. I'm going to take it up the rights, but I wouldnt go as far as a new era yet.
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