placement, page-35

Well I'm a long term holder and will continue to be so .. but I am appalled at the $1.05 placing. Existing shareholders have been short changed here and deserve to be upset. $1.30 would have been passable but $1.05 reaks of mates rates. Given the hype and much vaulted undervalued nature of the shares this has set us back 6 months. We will get there in the long run but I'm not happy with this decision. Poor form all round. As for not mentioning this at AGM I won't even go there. Not happy Wayne!