Ann: Completion of Call Notice with LDA Capital, page-21

I thought the link link was gone but i went back to google and searched again and there it was...here's a cut and past of part of the article..

"When a call is made, a certain number of shares are issued to LDA Capital, which then sells them into the open market over, say, 10 days.The number of shares issued to LDA is limited by the average turnover of the stock to avoid it being stuck with more shares than the market can absorb.LDA does not pay for the shares upfront, only on settlement. The price it pays for the shares (that is, the amount of new capital raised) is based on the volume weighted average price only after the call is made, less a discount of about 10 per cent.It’s an arrangement that appears well suited to small companies that have drummed up solid retail interest through penny stock websites and sharemarket forums, yet haven’t been embraced by the big end of town".