Just skimmed through the prospectus which can be previewed at:
http://newsstore.smh.com.au/apps/previewDocument.ac?docID=GCA00954392MHL&f=pdf
The "going concern" risk jumps out as a worry - as it would.
Also noticed Dirs fees over 2 FYs plus this FY (to date of prospectus) have been in total - $304,371, $390,701 and $331,005 respectively. Pattersons fees and ongoing monthly fees clearly stated.
And, "Each of the Directors has indicated that it is their present intention to subscribe for their full Entitlement under the Offer." Noticed the wording "their present intention"
Apologies if you've read already - but does answer some of the things I wanted to know.
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