I see todays announcement as a big positive, I hope the new Board members will reinvigorate the Business and release Kerry to bring in the projects.
It is good to see "sophisticated investors" kicking the can but more would have been good and I am mildly offended that i am an unsophisticated investor as I have tipped in nearly as much.
I will participate in the rights issue if only to protect my existing investment
I also see it as a good financial opportunity, I believe we are not too far from the announcements we really want.
Fortune favours the brave.
PAX Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held