It really bugs me when people make up assumptions and don't bother to read the announcements. Anyhow, here goes:
"In an effort to assist Shareholders who are still endeavouring to take up the Offer, the
Company has decided to extend the trading of the Rights.."
"If you did not receive an Offer Document (Prospectus) and a Entitlement and Acceptance form, please call Computershare Investor Services on 1300 557 010 and
a copy will be resent via email or post immediately".
Now, does that sound to you like they cannot raise the cash?
drilling schedule, page-6
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1270000 | 5.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 540000 | 1 |
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