"Compared to other similar companies they haven't got many...

"Compared to other similar companies they haven't got many shares on issue. What does this mean to a shareholder? Better returns per share."

Yes at the moment but what about the dilution with the next CR? More shares does not therefore increase sh returns. Does it?

More shares mean less for us unless we take up. Then the sp slumps (as with most sp post CR) possibly to less than the CRsp.

Who wins then? Not us right here.

Does Ian know of our concerns? If he does why then hasn't he addressed them? It doesn't matter what company; this atmosphere around any company at this stage is poison.

Good management could turn this around on a pin.