trading halt , page-13

They already have to wait for the AGM in a few weeks to get approval to place ~1/4 of the 16c shares they announced a few weeks ago. I think this additional CR will have to be a bit higher than 16c so as to not jeopardise the original one.

IMO it looks like there has been a bit of additional demand and they are taking advantage of it. Any discount may not be too steep, my guess is another 15-30 million shares at ~20c, maybe 21c. It closed at 22c AUD equivalent on the AIM last Friday, with about 1.5 million traded in the half hour after 4:30 pm. Maybe a few pommy instos want some.