Ann: Entitlement Issue of Options - Results, page-99

Hi all,

As the company announced on the 7th of September.....

"The purpose of the Options Issue is to recognise the support and loyalty the Company has received
from its Shareholders to date. The Options Issue will be made to all shareholders of the Company
named on its register of members at 5.00pm (AEST) on Friday 11 September 2020, whose registered
address is in Australia or New Zealand."

Therefore the shortfall should be applied to all the applicants that applied for the shortfall. No one else!

The distribution of shortfall options should be allocated equally as a percentage of the shortfall amount.

So If there was $1.24m of shortfall applied for in total then every shortfall applicant should get 10% of their amount applied for. ($100 would give you $10 allocation)

The fact that the company didn't say how much was received in over subscriptions is a concern.

Hope the company does the right thing. As this forum should be used to put pressure on the company to do the right thing...

All Shareholders that applied should email the company that they have provided below to make sure they dont give them away to anyone else.

"For Shareholder contact:
Please email: [email protected]
Or
Joe Durak at Canary Capital: [email protected]
Telephone: (0414) 465 582"