but there is always ability to do a spp or rights issue - and frankly when retail ivnestors have suffered as long as they have on azs - its poor form not to use that mechanism when you have a reasonable certainty of having something.
its one thing to use retail when your stumbling along just trying to keep lights on. when you actually think you have something - thats when existing shareholders should be rewarded with opportunities to improve their outcome
and it costs next to nothing to run an spp for eg. just a pita for the co sec.