dilution of existing shareholdings, page-9

peter600

SPP’s are done all the time concurrent with placements.
It is not cumbersome at all.

No prospectus required – just a straight mail-out by the share register and no commission payable to a third part.

This is being done by many companies all the time.
Those directors with respect for their shareholders – the end owners of the business who employs the directors - will do it.

Per agreement any SPP shortfall would be placed by the underwriters.

I do not agree with your statement Peter.