so sad, page-7

It seems that a number of people only think about a mere A$ 2 millions raised by the placement in the short-term, not realising the importance, in the long-term, of 15% holding(or 10% holding) and a DMA director position to Xing Hua.

When DMA shareholders rejected the previous share placement to XingHua, it is a strong message to DMA management that DMA shareholders are not happy with the transfer of control of DMA at cheap prices. And if DMA needs fund to develop, our shareholders are ready to contribute, to participate in shareholder share placement.

Share placement to XingHua or to our shareholders, both will dillute DMA's share base anyway. But share placement to XingHua will crate a big chunk of obstacles, it will tie DMA's hands later when DMA is taking off.

Share placement to XingHua is worth only when it is placed at a premium, not at cheap prices.

Sell the food rather than sell the farm !