Hot trader,I too think that the 1 for 8 deal is inequitable....

Hot trader,

I too think that the 1 for 8 deal is inequitable.

Note on the voting form, that all undirected proxies will be directed in favour of all items of business.

The company may only need consort's proxies to get up a simple majority if voter complacency rules supreme...(Sir Sam is not keen on dilution so may be harder to convince)

The company does not care about dilution.

It sees the dilution as a necessary evil if they are to get some cash as an insurance policy.

They have $ signs in their eyes and will direct all lobbied proxies FOR all resolutions...

I imagine that any fpo only holders would find it hard to vote for a resolution that will devalue their shares , and that the company may rely upon complacency to get this item passed.

Considering that of the 177 million shares, the holders of about 148 million have nothing to gain and something to lose.....it's surprising to most that this resolution will probably get passed........ unless ALL small holders vote.

In the interests of accurate sentiment reflection ...please;

E V E R Y O N E-----have a vote!

It wont cost you anything to vote , but may cost you if you dont