Ann: Rights Issue - Shortfall Notice , page-19

My humble view is expect large volumes pre consolidation as day traders buy and sell. Also some participants in the capital raising will attempt to sell for a profit after all 0.2 to 0.3 is excellent gain. New management without a miracle are not going to turn the mine around over night. I suspect that $20m is not going to be enough. None the less there must be opportunity as Azure would not have underwritten the shortfall.