Rights issue, page-20

Is that all you are worried about? How about shareholder returns? Of late, all we can see is dilution and losses. Management have a lot of work to do to get Azure up to fair value.

Imagine that Rio need to spend US $245M before Azure even spend a cent and Azure is valued at AUD $23M. The market must be asleep or just disappointed with another cheap CR.

Let's hope good news follows soon. It has been a lot of pain and sweat holding Azure over the years. Maybe I should move onto another company, one that actually will give me a return.