Ann: Trading Halt, page-212

I think it will be significantly oversubscribed by multiples , and the $5 million SPP will be undertaken on the basis of a $30,000 limit to first in best dressed. If they were to do the SPP on a ratio , I would think it would be based on a 1 for every 10 held basis. However personally , I would rather grab another $30 k's worth at 7.5 cents if possible.

Would have to check on their current availability of their ASX 10 & 15% capacity limits , but no doubt after this raise , they will use the upcoming meeting to approve again the 10% limit. SPP likely to be in Tranche 2 obviously and so would most likely have a timetable into around mid to end of August or closing with the BULK of the 600,000 share coming on stream earlier than this.

Other than that , with the SPP component being based on a ' Forward ' looking date with obviously numerous positive announcements still expected and in the pipeline before money is required , I would think demand for it will be extremely insatiable.......