I'm sick of the bleeding hearts who say that the sp was 40c so the placement should have been that. Look at the charts - it was a massive pump and dump!
The investors would have made assessments and placed the value at 18c per share and were prepared to pay that - no more. PJ and his mates were entitled to take up that same offer.
Waldo your way off the mark with this one, just accept it. Maybe you should convince everyone to vote "NO" to res 6 and then try and find someone to buy 16 million shares at 18c - as I said unbelievable!!!
Think before YOU type.
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