Before strategic review announcement trading halt its SP was 38.5 cents.
Now it is 25 cents. (5 cents gain from offer price)
38.5 - 25 cents = 13.5 cents - 5 cents = 8.5 cents loss
Retail investors have lost another 8.5 cents per share since new offer with assuming all eligible retail holders have subscribed their entitlement to offset dilution)
We all, especially retail holders as we are approaching usually SPdifference itself not company holding itself, already lost another 8.5 cents per shares.
In my finding, I am not sure at this stage the company will allocate additional shares to additional applicant with only not subscribed entitlement shares or the company will issue more shares to fulfil additional share application. In this regards, any spare money holders could apply up to maximum $100,000 additional to catch potential certain opportunity just in case.
Regards,
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