aoe to reject offer, page-11

What's wrong with a capital raising with a quality company like Arrow anyway. If the company rasies $1 billion cash then of course there will be a dilution affect to that same value, however the dilution is equaly matched by the balance sheet being improved by the said $1 billion.

I know the market always marks the company down a bit very short term for a raising but with Arrow they have proved time and time agin they are amongst the best company strategists. Nick Davies and his crew have plenty of their own skin in the game plus they have always looked after their shareholders first and foremost.

Remember the $1 billion is not for paying the companies everyday expenses like some two bob companies who raise money to simply keep afoat. In the event of an Arrow raising or debt finance etc is for compay making project development which will be valued at three times the $1 billion in a few years.

My two bob's worth.

Mont