So where are we heading with the share issue?I would think that...

So where are we heading with the share issue?

I would think that Kunteng and Dashang will take up their full entitlement - unless there is some precluding reason to stop them.
Many small shareholders will either not bother or cannot afford to take up their shares.
Kunteng and Dashang will almost certainly have a bigger % holding when the issue closes.
Some posters on other thread for BFC are predicting a significantly lower price post issue, how many of us are going to take up our entitlements.

I will take up mine to the tune of around $8,000 worth and may apply for some shortfall as well. With my average "get out" price just over 12 cents, thanks to a lot of trading since buying my first batch almost 5 years ago @ 50 cents, I have to keep trying to recoup past losses and get out without losing too much money.

A NO vote for the remuneration and a YES vote for a spill is almost certainly the way I will be voting unless some compelling reason changes my mind.
I do not want to sell the company to overseas interests, however, if those companies are represented on a new board and keep the company in majority Australian ownership, with profits and wages being part of the Australian economy then that is OK by me.