what happened to the money they got from notes, additional...

what happened to the money they got from notes, additional shares, selling assets? So many people say the shares can not get any lower and the market cap is increasing for lakes oil; this is ture the market cap is increasing but from the notes converting and additional shares, serious dilution. 

You can’t blame the labour government for the way the company runs, bottom line is lakes future is not looking good for current share holders. 

I read a while back someone saying that a director said, that there was 100 billion worth of oil to drill out in Victoria. 

Well in that case we should have companies trying to take over lakes; but we don’t, I wonder why.

I only hold a very small amount of the company for old times sake and if we consolidate and get a ture value, I might buy back my share of the company.

In the mean time I hope the appeal goes well.