sell down, page-36

doto you raise good points. If you weren't diluted in the previous raising your shares would definately be tracking higher due to less dilution. I respect where your coming from in that opinion.

Maybe management weren't 100% confident at that point in time on what they were sitting on. The raising was seen as a bit of protection if they didn't hit pay. That's all I can really suggest. If they do a raising now though..at these high prices due to all the success they have had.. then atleast one positive you can take out of it will be less dilution due to the high nature of the current price. If they even put 10 million shares on at $3 thats 30 million. The dilution is quite minimal due to the high price.

Lets wait and see how it all pans out.

cheers