Ann: Placement and Share Purchase Plan , page-18

I agree. Either give existing shareholders a rights issue or an SPP at 14c with a decent amount on offer, or don't bother. Insulting what they've done - now have to come up with $15g to participate, tie up funds for a month (though they haven't even given us those details), all to get a piddly amount of stock.

I'd still dearly like to know the reason behind the raising. Anyone emailed them?

After that little rant, I'm still expecting good things to come...