As I understand the announcement on December 24 it shows the...

As I understand the announcement on December 24 it shows the listing rule 7.1 being 15% capacity as not required to be approved by shareholders.
That 15 % being @ 70 odd million shares which are @ 70 million share units @ 10.5 cents per share which is @ the 7.5 mill they are on about in the most recent 17th Jan announcement.
The subsequent rave regarding the discretion to accept oversubscribed amounts is the 10% as approved at the agm makes up the remainder.

Little doubt this subtle ploy is the intention of max CR, required disclosure, with inbuilt coverage for Rosie & pals so it doesn't bring the house down in a landslide failure to the undersubscription side.

They'll take the 12 mill don't wuzz bout that