Ann: Entitlement Issue Results, page-18

70 odd million shares in the shortfall that will overhang the market for some time. Will keep a lid on the SP for a while unfortunately.

I agree with others that this cap raise has been very poorly managed. I hope they are better at getting the finance and offtake agreement sorted. And that the delay will not affect program. But that is looking more and more likely. And cash will be getting tight even with the CR.

I hope Baz comes out swinging and keeps his mouth shut and clamped down on the mouth guard. This is the business end of the game.