rang the company, page-39

the release gives some info on where the funds will be spent.

but how would anyone not take up the offer, it is trading at 0.6-0.7 and they are offering shares for 0.1 cent, how could anyone not take them up,

if anyone don't want their entitlement I will certainly have them.

I doubted there would be any not taken up, but seeing they can place shortfall I might put that to them now, saying I will take up some shortfall stock,

cannot believe the thinking.


point I was making about the announcent prior to rights issue,
I would say why have a rights issue so low if they announced a good deal before the issue.