Ann: Rights Issue Open and Dispatch of Prospectus and Form, page-9

If games are being played, it must be related to the following statement in the prospectus:
Patersons may, by notice in writing to the Company, upon or at any time prior to the date of allotment of the last of the New Securities, terminate its obligations under the Underwriting Agreement if:
....
the Shares of the Company finish trading on the ASX under the ASX code of “AKM”, on any Business Day with a closing price that is less than $0.012 (being the Offer Price);

Would be interesting to see, if Patersons confirms their intention to maintain the underwriting agreement.