Dr Elephant... It seems that you don't lose your money if it is undersubscribed.
"Minimum subscription The minimum subscription under the Offer is $20,000,000 (28,571,429 Shares) (Minimum Subscription). If the Minimum Subscription has not been raised within four months after the date of this Prospectus or such period as varied by the ASIC, no Shares will be issued under the Offer and the Company will repay all application monies for the Shares within the time prescribed under the Corporations Act, without interest."
MYL Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held