Posted in the EM1 thread but since it's a topic here I will repost.
I predict it will be along the lines of:
ASX: "You're acting like your registration numbers are market sensitive but when you look closer it looks like you might be misleading the market because of the way the registrations have been procured. Also it is unclear what the feasibility of those registrations turning into subscriptions really is, and if you know anything about that you need to tell the market."
EM1: "It's not misleading because we have been clear about how the registrations have been procured including that there are incentives, and we are confident in making conversions".
This will likely spook the market and the SP will drop on Friday morning.
That's just my read of the situation - good luck everyone.
