Ann: Fully Underwritten Entitlements Issue Update, page-19

Certainly looks like it. Who on earth in the right frame of mind will subscribe to the CR when the price is higher than the SP even with the free options thrown in except for the diehard PC fan? At the end of the day no matter what finance or investment school teaches you, how good a company and its management is is directly linked to the SP performance. And TON SP is in doldrums ever since the CEO threw a bomb and went off for his Christmas holidays leaving us SH in a state of bewilderment and W*F moment for a few weeks. I lost my confidence in the management at that point in time.

At this point I can only hope the extension is needed to get the financing deal signed to push the SP up before CR expiry. No two ways about it and I would not be subscribing unless this happens.