Ann: Proposed issue of securities - TMZ, page-19

"They have decided to reward shareholders with these options to keep us on-side considering that the yanks got a bargain in the last cap. raise."
The placement and SPP was an insult to local existing shareholders, and I told Richard Willson at the time.
I dumped my shares and as I bought at lower prices kept putting them up for sale.
The Yanks may have got a bargain back then see below, I prefer to buy shares below A$0.073 now with current low interest rates than pay A$0.115
+A$0.01 for the option and screw the yanks.