Res 2 and 3 will:
Add 146 million ESI shares at 0.006
Add 72 million ESIO shares at 0
Current SP: 1.7c
Monash get 300 million at 1.3c
If res 2+3 get passed we could potentially go back to the pump and dump days, why bring in further dilution to shareholders, i can see why the board offer no recommendation, i don't think they want this passed and was brought in earlier dare i say it..
WHat you say rupe Yay or Nay???????
Seen some posts of guys trying to manipulate the vote to yes and have joined HC just as the raising finished.
I dare say if these are passed we could potentially see a massive drop in SP.
I will be Voting as per the board's recommendations.
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- egm - res 2 +3 - board offers no recomdation
egm - res 2 +3 - board offers no recomdation
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