Ann: Arrow Awarded Licence for Surat Gladstone Pi, page-17

re: Ann: Arrow Awarded Licence for Surat Glad... Peter,

Indeed that is the most important point, how many non-predominant shares get put in the bargain trough for the shorting insto snouts. I don't mind being predominantly diluted by myself, it is the dilution by the little piggies that bothers me.

Nevertheless if we drop into the 330's again, against the market, then I've got to be tempted with a small pre-rights top up, as I doubt they are going to feed the piggies much below that, if at all. To date they have been savvy fundraisers.

EL