Thanks Keith. My memory was that the new shareholders did get an opportunity to also participate in the rights issue - but you could be right. Too late in the evening for me to want to look it up.
Re the great opportunity that few CEOs would provide to shareholders, it seems that shareholders were made the offer only because they wanted to raise more than the 15% limit. I wonder what shareholders would have been offered if the limit wasn't in place?
But anyway, being negative tires me - and this is likely to be the last I say on the topic (until they rile me again, i suppose).
I think the company has great prospects and I will certainly be keeping my shares (especially given I've held since Sept 99 - I wouldn't want to miss the big payoff after all that time)
Cheers
OG
HDR
hardman resources limited
