No you have missed a point (which is hidden in the announcement)
Page 14 shows what the effect of the 'cleasing prospectus' is:
315,656,566 to MGI 85,000,000 to debt providers/advisors etc 60,000,000 to management due to vesting of performance rights (due to acquisition of Adidi Kanga)
So management have got their pay day... we await for ours.
VEC Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held