notice received, page-29

Just made up my mind not to take up spp. This is far to fishy for mine, especially when Hugh has said on many occasions how he wants to deliver shareholder wealth without capital raising s or dilution. What a backflip he has done again it would seem. Placement of securities is substantial and will be at or below spp. Doesnt matter who it is they are placing to, unless its the start of a takeover the shareprice hasnt got a great deal to move with so many on offer and so many available at 11.5c I am going to make the fatal decision of sitting it out until there is more clarity on whats going on. Too many fingers in too many pies at the moment for my liking. Wheres the focus? In capital raising at the moment means they have taken too much on and are growing too fast. Not good in my opinion. Remeber I could be very wrong as well.