Ann: Proposed Capital Raising & Cancellation of Con Notes, page-21

I am the first to criticise this company , and have coped a bit of flak for it.
But seriously , the need for money to cancel the CN was always going to happen and the sell down on this news is over the top.
In fact , imo , this is great news ...cancel the bloody CN , hopefully get the shares into LT holder's hands and get cash neutral and get this company going. Revenue , revenue, revenue.
Fully agree with @Rogue Trader re the floor price.