Ann: Quarterly Report for quarter ended 31 March , page-10

re: Ann: Quarterly Report for quarter ended 3... I don't want to see an 'attached' options issue as a sweetner to get another placement over the line. They could have done that a few months back with the last placement but chose not to sweeten it. And then chose to knock the recovery on the head with that disastrous final soph placement in a last ditch cash grab.

I want to see a pro-rata entitlement issue based on existing S/H holdings who have suffered and held this stock for the last few years - eg 1:2 or 1:1 like CAV recently did. Sure it won't raise alot of cash, but in CAV's case it did reward those who stuck with the company. Take a look at the 3 year graph if you want to see pain and suffering.

KEY management really owe us something for all we have put up with and the complete under-performance of KEY shares relative to most other specs. The main purpose is to get S/H onside again. Some of us have big holding and have been gutted financially as well as having to put up with being ignored by the company on simple requests like a top20 report.

If they need a small placement then co-ordinate a placement to a SINGLE soph investor at the same time and that ONE new investor gets options on the same terms.

But what would I know.