was only going on this comment in the original announcement re raising
"The Company is in advanced discussions with Patersons regarding the underwriting by Patersons of the balance of any Shortfall after successful Top-Up Facility allocations. The Company will provide an update on the status of the proposed underwriting once negotiations are completed"
to be honest i haven't paid much attention to recent announcements as i have been too disgusted in management in particular the timing and price of raising.
quite simply they have been dictated too by so called sophisticated investors that will dump stock for a 2 pip gain if they can get it.
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Ann: Letter to Ineligible Shareholders, page-11
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