Ann: Section 708A Cleansing Notice and Appendix 2A, page-8

85% 5 day VWAP as per right. Unfortunately, the trading range over the last few days was weak.. Looking forward to new "Premium Finance" arrangements... Alto can elect as I understand to have replenishment occur.

Hurts Ted etc. as well. Protections against this are a SP > 35c and / or obtaining "premium finance" as per earlier announcement. 2020 is looking good we need to get to escape velocity.

https://engagebdr.com/wp-content/uploads/austocks/en1/2019_09_23_EN1_a24bac507ff2158121854a8ff1942702.pdf

"The Collateral Shares will be maintained at approximately 4.9%
of the total then issued shares of the Company by being
replenished if the number of Collateral Shares falls below 2.5%
of the total then issued shares of the Company. The balance, if
any, of Collateral Shares remaining at the maturity date of the
last of the ZCSs will either be purchased by the Investor at the
lower of the conversion price (A$0.35 (35 cents), subject to
adjustments for issues of shares, options or other securities to
third parties as referred to below) or 85% of the average of the
two lowest daily VWAPs per share during the 20 ASX trading
5
days prior to the date on which payment is made by the Investor,
or subject to compliance with the Corporations Act including
obtaining any necessary shareholder approvals will be bought
back by the Company for an aggregate total of A$1."