Ann: Section 708A Notice and Appendix 3B, page-159

They do seem to have an endless supply!
The one positive is they have the floor at 0.9- this is what they got them for. This is one reason why companies need to be careful- go to Instos for cash and give them a great deal- but comes back to bite them long term. The other positive is if you had the cash and just starting now- you’d be getting a bloody great price at 1c a share and I reckon easy money within 12 months- being conservative- 1.5-2.0c. So 50-100% in twelve months- whereas lots of us will be just getting back into the black.
Only consolation is that ANW and PW have hurt themselves too- cash wise, sentiment wise and credibility wise!