Ann: Non-Renounceable Pro-Rata Rights Issue - Rev, page-12

re: Ann: Non-Renounceable Pro-Rata Rights Iss... SLE,

Theres always some that cannot for various reasons.

Quite apart from this there is simplythe existing share price to consider which is a give away compared to what it would be if sales had commenced immediatley.

There are varous ways to give a company away cheaply - after all simply failing to read a contract resulted in parties here 'giving away' their shares to the ANZ bank.....

All of this is simply ongoing bad form - what company director in their right mind defers sales when the company is running out of funds? Anyone who swalowed the 'tax' story should leave the share market for good!


Blastoff