I believe every one should re read the announcement.
It appears to me that the company is almost apologising to current share holders for their exclusion from the process.
If the deal was a month and a half ago; save for dippage, we might not be so aggrieved.
It was a condition of the bidding process that the bid not be conditional on lengthy financing provisions.
I agree with you U182. If we (the existing shareholder base) had of been approached back in May, to fund this purchase, we would have still been searching for 75 % of the funds.
Finally I believe all SH's should save up their pennies in readiness for a left fiel opportunity that may yet appear.
In the mean time: send the company an email advising them of your disappointment of not be able to participate and your expectation / readiness to participate in the future capital raising initiatives.
In years gone by Bathurst was always fair on its existing SH base in these matters. We need to let management know we expect the same moving forward
Regards
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