Ann: Section 708A Notice and Appendix 2A, page-2

*POOF*

And just like that, we were 25% diluted...

I'm still not convinced this was a good idea, I'm all for seizing opportunity, but I have a gut feel that our body is growing faster than our skin which could leave some ugly stretch marks.

Generally, growth is good if it is 'natural' and everything grows at the same rate, but forced growth in one area without making sure everything else is there to support that growth can be disastrous.

I've seen it in a local private school, massive student number increases and big building programs, but that has stretched some of the other aspects of the business and now it is in the news for all the wrong reasons.

Still holding, I'll give the BOD a chance to make it work, but I don't think I'll be into the SPP.