Ann: Entitlement Offer Prospectus, page-6

Yeah you would think performance rights, being paid out big for your small MM company, etc would be enough and leave some cash in the company to give it the best chance. Instead you got these directors now taking out total of $693k a year.

So the SPP will be offered on whatever amount of shares you own at close on next Monday (22nd) but wont be able to have access to them until the end of April. Who knows wher price will be at that time. Whilst the people who took up the Cap Raise with xcel and sanlam wealth get their 5c shares on market next week!