So a 'shelf registration statement' gives notice of intent to issue shares and is valid for three years if all the shares in that statement haven't been issued - I haven't checked to see what the case is here.
Otherwise they have to lodge a 'registration statement' (with no notice) before proceeding with a share issue.
It will be abysmal if they've waited until the share price has sunk to this level before doing an issue - it should have been done at least three months ago if it was to be needed. They do not have a good record of handling their finances properly.
Sorry I can't be more helpful.
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So a 'shelf registration statement' gives notice of intent to...
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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