Ann: Closure of Rights Issue, page-5

How is anything failed?
Fully underwritten means 100% raised.
Do you expect Paul to take up beyond $400000 to improve the take up %?.. and other massive holders like Kamuzu to take up $hundreds of thousands of their entitlements?
Over $700000 of $1600000 taken up by holders.. pretty good considering the share price is 1.7c (probably thanks to some people selling between 1.8-2.0 to buy at 1.6).
What is fact though, is that you were here flooding the Nor thread with your fellow downer syndicate members last year.. then disappeared like the rest of your mates when the price quickly went from 2c through 4c..
Not a single post in months!
Now you return...
Maybe the price is about to take off, like it did last time you were all over the Nor thread.
You non holders never stop whingeing about a stock you don't hold!