Ann: Entitlement Issue - Acceptances and Under Su, page-3

re: Ann: Entitlement Issue - Acceptances and ... > S/H`s have spoken by rejecting this offer. This is the best way to tell Directors > we have NO CONFIDENCE and to get on with the job and start drilling.

Well, that makes no sense at all. Drilling requires money, so if you want them to drill, you should have supported the offer.

It seems to me, in my personal view, that someone was going out of their way to spoil the capital raising, by dumping several million shares on the market at below the offer price, in the last few days of the offer. What motivation they had for doing so remains a mystery. I ended up more than doubling my holding, ... though I would have much preferred to give the money to the company rather than some other shareholders. Anyway, I am very confident about the prospects of the Bryah Basin, and excited by opportunities both here at ALY and next door at RNI.