Ann: Placement to Raise $13 Million, page-6

In terms of comments about retail investors participating. I understand the frustrations, but the Company cannot offer an opportunity to participate in the placement to retail investors (non sophisticated/professional investors) without the need for a disclosure document. It could offer a SPP or rights issue, but both of these scenarios create a ceiling on the share price. Given there has been strong fund support for this CR in a challenging ECM market, I think we should all be pleased with the outcome. Hang in there and good things will come...I hope.