Yes, in hindsight agreed luckym. Too much dilution, too complicated. And in the end they could have gotten - on later options conversion - up to $AUD54m in capital for which they had no plans.
The lack of shareholder support is dissapointing, but in reality the shareholders probably just voted against a silly purchase plan.
Ann: Entitlement Issue of Options Withdrawn , page-4
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
