Obviously these fluctuations are to be expected but the...

Obviously these fluctuations are to be expected but the consolidation and related renege of the directors options commitment was sold to shareholders as something that would mitigate those fluctuations, because serious investors wouldn't come to the table with such volatility...

The opposite has happened and the directors have come out with an opportunity to give themselves more shares and the shareholders have been screwed.

That in itself is bad PR for the company.

I think ASIC or a forced EGM on the 5% rule is called for here.

The directors can't continue to think that this is their company.