Ann: Quarterly Activity Statement and App 4C Mar Q 18, page-15

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    Point taken. You may very well be right. I am just speculating based on an interview of Ed Clark back in Nov/December 2017 where he indicated that doing a CR was the least of his worries. It was one of those lengthy interviews somebody posted on this forum. At the time he was most concerned about getting the platform off the ground. Ed & Co strike me as very frugal folks. They could have used Sydney/Melbourne as their operational home base but opted for Singapore...(cheaper labor, cheaper rent, more opportunies to experiment at a lower cost). If they do any future CR, they will be doing from a strong position... So any potential dilution will be minor at worse. Again, I could be wrong in my assessment. Only time will tell.
 
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