You make a good argument, however based on what they asked for last year as I posted earlier in the table they clearly asked for and got 10m, 25m and 10m with certain vesting conditions, so I can only assume they want to raise the amount they can issue themselves with the new resolutions. Perhaps, someone with more knowledge than me can answer that.
GMC Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held