cap. raising, page-20

Just go on over to that other chat board for several interesting comments.

I have never seen so many people happy to give up a bunch of bucks to get 'new blood' on the share register.......

Unreal after all the posts for YEARS on ADI how the market would one day wake up, smell the roses and propel ADI shares to new heights.

Is this the 'new plan'?

Well as that didn't work the maybe the 'new plan' is to get some of that new blood to propel the share price higher.........yeah you know - go the XYZ route by throwing out lots of cheap shares to the 'sofisticayed and professional' crowd - you know the ones that have never heard of ADI before those discounts are offered (and by doing so ignore the long suffering ordinary shareholder that rode it all the way from the high and near $1.00 a share area to the current 30 cent area), and add in a few hundred k as a underwrting discount to compensate for the 'risk' (none) of allocating those shares.........then wait for results on the wells to see what happens........

Now excuse me, but EKA did the 'fair' thing with a SPP that caused most shareholders to drop lots of value and also got a lot of new blood on the share register (For how long who knows) to the tune of 6 million or so shares and it sure didn't work there!!!