Success of cap raisings and who is responsible, page-14

Just because it was underwritten by Jeremy Baldock does not mean that all of the money came from WA

Jeremy did fine out of that deal - his fee was about $85,000 + he got 5 million options with an exercise price of 2.5 cents. I expect he has done well out of converting these options.

From the announcements that I could find he also got 5% of the raise in July '15 + another 3 million options.

Presumably he would make the top 10 shareholders if he has exercised and kept them.

As for a bigger effort than Ian Mann - well I think that the facts in the announcements confirm that he did not. Not sure how you could argue otherwise.