Who is in the Capital raising ?, page-132

Hi All, just a general comment, everyone seems to be forgetting that if there is a shortfall, even after some shareholders takeing up some extras above their entitlements, then the company has 3 months to place that shortfall

"
The Shortfall Offer is a separate offer made pursuant to this Offer Document and will remain open for up to three months from the closing date of the Entitlement Offer. "

And

"the Shortfall Offer may be made available to third party investors who the Company invites to participate in the Shortfall Offer in addition to Eligible Shareholders; "

I think it would also be possible for Shanshan to participate in the shortfall (with a 20% restriction) even if it doesn't take up its entitlement initially, this would give them time to get any necessary Chinese govt approvals to move money out of China. So that's something to keep an eye on in the coming months, may give an
Indication of Shanshan Intentions to further support the company

And then of course they can place the shortfall to other parties that may be interested any time in the next 3 months, maybe a few big shorters waiting to participate to cover their positions, or has management got someone else lined up?

Anyway, all the best with whatever decisions people have made.