Rescue from Directors interest?, page-8

If the 500 million facility is approved on the 3rd of October then the sophisticated investors can buy at 80% of the five day average. If it stays at .004 then that means they can buy at 0.0032 which is a paltry $1,600,000 in the bank for us.

If Range is one of the Sophisticated Investors who will be buying then it's a great opportunity for them if the resolution is passed. Sell now, buy them back at a lower price later; Money in the bank for them.

That's why I'll be voting against it. If it was a resolution to do a Share Purchase Plan with existing Shareholders I would be for it.