Hi Kwaidan, I would suggest that those currently selling are...

Hi Kwaidan,

I would suggest that those currently selling are those not prepared to wait out the instability of a capital raising, rather than those granted new shares. Sellers understandably see their money better invested elsewhere until smooth sailing returns.

I understand your palpable anger up to a point. You clearly believe a change of management is long overdue and necessary. What I don't understand is that your 'Disclosure' still shows 'Stock held' while your sentiment is 'sell'.

I suppose what I would like to know is - since you seem to still be a shareholder - where you see share price advantage in advocating board upheaval and the failure of the capital raising.

To my way of thinking, that's not just sawing at the branch you're sitting on, that's moving on to the leg! I am not being facetious here or trying to goad you in any way. I just don't see how your preferred courses of action can lead to anything but greater shareholder pain.

I take your point that we are currently experiencing plenty of pain already (especially as the SP has now reached the placement level, as I knew it would) and I too am very angry at the level of the discount offered and the dilution it represents to existing holders. I'm just not willing to cut off my nose to spite my face; the equivalent of which I believe will occur if this raising fails to gain approval.

I am open to suggestions of an alternative path, but given that the raising has already been announced and significant costs incurred, I see little point in deviating from the course already charted and - potentially - a great deal of harm.

Each to his own view, I guess...

Regards

Gupper