Very good balanced posts by Colliwobs and Nickbutt.
As Cobiwobs noted there is plural interest in underwriting.
From the horses mouth apparently there is strong interest from a lot of investors in taking more than their allocation.
But I guess for some of you with conspiricacy theories that's probably just heresay, or the Chinese have hacked the email system.
Look I don't think we are out of the woods by a long chalk, given the issues with the model etc so personally I'm not expecting June Qtr not to be anything wonderful as these things, in my experience, take awhile to turn around.
Once the rights issue is settled I'm sure the powers that be will be looking at management and the Board and indicating they want change.
If you guys keep this up you're going to force me to write another "Board Room " in Perth posting.... and I'm not sure the readers could stand that.
EXG Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
