Ann: A$80m Fully Underwritten Equity Raising to Accelerate Explor, page-29

Apologies for this obvious question, but can someone break this down for me like I’m a 5 year old, incase I’ve misunderstood this.

I entered quite heavy at .165 and haven’t added since. Haven’t sold either. Someone just gave me the heads up to enter hard on this. Definitely a great decision.

So my understanding is for every 17 shares I hold I can purchase another 1 at a 11% discount from current market rate? So .58, Is that right?

Wouldn’t buying now more increase my average buy in price? Or would someone in my position likely buy to prevent dilution (have I got that right?)

Just decided gold and silver was a good move a while back so wanted some exposure.

Silver Mines was my other hold but that appears to refuse to react to positive sentiment in the markets. I’m thinking I should re-allocate those funds elsewhere? But it does look bottomed.