Ann: Notice under s7(f)(ii) of ASIC Corporations Instrument, page-4

Thank you for clearing that up. I haven't seen an announcement like this for a share placement before. Possibly because this is the smallest SPP I've seen. It's also the first one where the company has openly stated that they're not raising enough and will be backing up the cart again in the near future. The transparency is refreshing. So is the opportunity for all investors to get involved rather than the institutional and sophisticated investors getting all the plum opportunities.

I liquidated my holding on the market at 32c yesterday, except for a handful of shares to preserve my eligibility to participate (yes, that was me that wiped that line). I will take up the closest value entitlement under the offer. I'm quite happy to siphon money out of the market and into the company. Not only does it support the company, it helps to offset dilution from the new shares.