Clearly hence the use of the word approximately which is defined...

Clearly hence the use of the word approximately which is defined as being roughly or not exactly.

You could also take into account those that maybe applied for less than $15k and those of us that have three and four holdings in different structures that participated Let’s say roughly 5% of the registered holders participated. I’d wouldn’t call 5% everyone. Ask your broker what an expected participation level in an entitlement or SPP is....is well north.

Good to have another $3.87m at bank and hopefully another $1.8m coming in from expiring director loans in the next month.

Would be good to get some disclosure on if they are self funding/secured finance to pay loans out or if are going to sell on market like they suggested last year in the AGM NOM.