equity raising, page-2

samizdat01,

What can one say, but agree with what you posted and that article.

MR has full power and control of the company in any which way you look at it.

And, it is obvious that he has the board wrapped around his little finger.

I thought that it was funny from the beginning, when it was mentioned that he was allowed to increase his holdings with that extra special offer, in order to allow him to maintain his 10.92% holding of the company, and suffer no dilutions whatsoever, while the rest of us would suffer.

It is not the first time that the media has called for the sacking of MR, and if they start that way, well.... what can one say lol. Too much self interest at stake, lol.

What did I say that racehorse's name was the other day, when that racehorse in the case of AIO, was called self interest???
And, who was/is, the one who is going to ride it???

And, can anyone tell me how on earth is he going to fund all that money to buy those shares, without borrowing huge amounts for God's sake. Marging Lendings??? What is going to happen if and when he is going to receive a phone call to cover for some.??

I'll leave it to your imaginations.

Where is ASIC now?

It sucks.

Buddy