ouch

Well I am down the gurgler for a mill or two and I know I am in good company. Not being a smart city boy it takes me a while to digest things. Somehow this does not come together well as it has been presented and I am having trouble working out why I should be holding my position. Lets hope we see a clarification statement by the company tomorrow. This announcement had to of been approved by the board, may be they can explain it at the AGM before they ask us to give them all a few million options for their great work. If they drive the price down enough they will be able to set the option exercise price lower. This is going to stuff up any placement or raising for a while and if they insist it is going to water down existing and now long suffering shareholders. What will the future bring????Norm