Gpasas, That attitude is hardly logical. Existing shareholders...

Gpasas,

That attitude is hardly logical. Existing shareholders are better off when management are able to do a CR on a higher sp.

There will almost always be a sp drop on any CR, whether done high or low, but existing shareholders are less diluted if the cash is raised high.

In this case most small holders can increase their proportional stake in the company if they think the price is too low, and decline if they think it is too high. It is only really large holders who will be diluted who might be disadvantaged other than by choice.

I am an OZL holder watching with interest and with potential to buy at some stage.

EL