RE: Time to call for an EGM?8 Feb 2023 07:08
PI,’s have the option of tail swallowing for the rights they don’t have the capital to invest. I’m sure for any of us that choose to do this will end up hugely diluted but not as low as 19-1. Voting against the raise wipes is out completely so don’t see your point. I have just shy of 1M shares and if we as Share holders are required to raise the 15m I could probably just about manage it. The other 32m (think it was 47m total but stand corrected) I personally couldn’t afford so would have to ST to cover. Voting against would basically cut our own noses off imo