Zmans, thanks. I've not read every bit of the UCL rights prospectus like Seals probably has, so I probably shouldn't give an opinion on it, but I were to stick my neck out I would think it will probably be alright. I've applied for £8000 worth of shares (A$16,000?) so it is all down to whether the airmail works properly between the UK and Oz, and to whether I am allowed to apply for excess (shortfall?) shares. We'll see.
I am hopeful the dilution after the BFS stage won't be as bad as people think, particularly if we are to be at the bottom end of the cost curve. Fingers crossed.
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