Re:Agm1 Aug 2008 19:10
Very commendable, a bit tongue in cheek, as it is akin to blowing against the wind, just as much chance of changing direction, but best of luck, because if you succeed and the Co fails to raise lifeline secondary offerings in the future, they can point the finger at you. In the current climate of expensive borrowings, secondary offerings are the next only option, so best let the Co have the approval to incrrease isc just in case all else fails and shareholders salvage something when things go belly up, a bit of a cleft stick. The CA 1985 (as amended) Ss80, 90 95 motions for increasing isc will be unanimously carried, trust me !!!.