re: Ann: Non-renounceable Entitlement Offer D... Agree toph, quite a lot of shares even for them to maintain their holding post offer. Would require just over 18M to do this (best case scenario for them 2.4 mill @ 7.75) plus another 20M approx to take up their rights so all in all lots of money. Can't remember off the top of my head what their cash position is so don't know whether it's do-able for them or not.
Cheers
KC
Ann: Non-renounceable Entitlement Offer Documents, page-12
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