see Notice of AGM announced to ASX today David Herlihy - 600000 shares Andy Rigg - 300000 shares Peter Barrow - 200000 shares John Armstrong - 500000 shares to be issued at $0.115 per share. I had to buy mine on the market. I have also participated in various rights issue over the years at up to $0.23 per share.
Good news in one way. It means that after the issue a healthy run on the share price would be guaranteed.
But on balance it is a sham, a disgrace, an insult to shareholders, and it must be voted down.
MOS Price at posting:
12.0¢ Sentiment: LT Buy Disclosure: Held
