RupeOk, I could've said for every million shares you buy, you...

Rupe

Ok, I could've said for every million shares you buy, you end up with $3K worth of free options (I am assuming the options will trade at 0.3c once the raising is finalised).

RE that Swiss transaction - At the time I questioned that... however I was satisfied with the response provided.

I am suggesting there will be a shortfall because I doubt very much they will raise $3.8m from the rights issue alone. I cant imagine anyone beyond the top 100 participating. I estimate they will raise no more than $1.5m from the rights issue and a further $2m from the shortfall (probably from the same investors who will participate in the rights issue).

So is Larry brave enough to face another shareholder vote?