Ann: Fully Underwritten Entitlement Offer to Raise up to $1.74m, page-49

Record date is 24 Feb according to the other announcement. The prospectus should be interesting reading. Raising $1.74m before costs means scale backs at best, and cheap shares to whoever the board wants at worst. I doubt that retail holders will be able to get their full allocation in order to avoid some dilution, even if you wanted to throw more money in.

Commiserations to holders here, this looks like a royal shafting by your management (one of whom just walks away). Couple more names in the black book of who never to invest with.