Ann: Capital Raising Presentation, page-5

"Eligible shareholders will be entitled to apply for additional shares if they have taken up their entitlement in full."

With that said it seems that existing shareholders who aren't happy to be diluted don't have to be.


I for one think its great that we are "on the road again" and that we will have a lot of new blood on the register.

It's also comforting to know that Lachlan has thoroughly investigated all the alternatives before completing a transaction.

Those who think it's being given away too cheap should jump in with their ears pinned back and take advantage of the opportunity.