Ann: Private Placement Completed Oversubscribed-BRN.AX, page-102

I agree with you DR except at this point with how the last CR went I think in this case they made the correct decision and I'd rather they just got on with it and got the sales/joint ventures moving quickly. And no I don't like how it works at all either. It is patently unfair in relation to the risk borne by smaller investors who can less afford to make a paper loss but have actual belief in a company (yes I get that is an individuals choice but the wealthy get an awful lot of perks for little or no risk). Thought the premium was a bit much but hey if we have the money we can get stuff done.... can't make money (or produce a product) without money..... and I will be expecting some more news of progress very soon which I don't think is unreasonable. It is on management now to deliver commercial outcomes..... period.