Ann: $23M Placement to Strategic Investors , page-19

Extra 10% placement approved at last AGM - we speculated why.

Not cancelling the BR deal - it was cheap enough and added to momentum and expertise.

Dilution at 10% above SP is not too bad. The pity is that they are smart enough to scalp the obvious value that the market has yet to realise, probably aided by the 'balanced' posts of the long-term SP cooler and his little buddy - when otherwise, holders would have benefited further.