Providence Resources - Rumoured dillution: - If 600m shares issued at...

If 600m shares issued at 11/12 pence our % Will be 140/740 of The company i.e 18.9 percent. I imagine We will be offered shares as well. Same as Last time. Sharemate Is absolutely correct in saying it is a sale of the Company (give away) By Stealth. Firstly we should not be in this position at all. Disgraceful Salaries To TOR And his chronies plus stupid seismic surveys, plus squandering of our Money On Irish Sailing Team, plus Bad judgement on taking Transocean to court, plus misleading information on many occasions, plus failure to explain where all the money has gone, plus failing to update on commercial agreement on Barryroe, plus failure to explain supposed Melody Finance loan extension Deal amongst many other mistruths and total lack of transarency have US where we are i.e facing ruin as prívate investors. One has to ask where is the AIM governance and What Are the external auditors doing. Disgusting