Yeah as I yeah as I thought little interest in the rights issue and being not underwritten I don't think this rights issue will get through.
In my opinion there won't be any pump as it looks like selling has started at .006.
In one way I am happy the rights issue may not get much acceptment as this stops dilution however they need the money for the security that needs to be lodged with the DNRM for the MDL to go through as well as the Environment Authority License.( EA).
Sadly am not surprised to see selling at .006. A muck up IMO
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- Ann: Rights Issue Extension-QBL.AX
Ann: Rights Issue Extension-QBL.AX, page-2
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