shortfall announcement, page-10

My calculations...

Say 50% of shares held outside of "subunderwriting
contributions of a number of the Company’s major shareholders" - from memory close to 400M shares on issue, so 200M would be available for regular holders to take up - so 80% (4 for 5) would 160M.

Approximately 112M shares were taken up by people in the rights issue, so about 48M were not taken up (or about odd 40%).

So - IMO a potential 60% or so take up is a big sign of confidence in a company that was technically insolvent during the biggest credit crunch in recent history.

Cheers