Ann: Successful A$7.2m Placement and Launch of Rights Issue Offer, page-2

Oh wow.

The offer is to eligible shareholders on 12 May! Price is going to jump today and tomorrow, then tank again come Thursday and onwards...

- Currently ~870m share on issue
- Additional ~500m shares after this placement (If I read correctly)
- AND additional ~100m share option (I really stopped reading closely at this point, as I had lost interest in prospectus... this number is probably wrong)

Dilution, delay, dilution, delay. I'm already out, but thought I was going to get back on board later.

I don't think I am coming back anymore. Unless price gets to <3.5c... which to be honest might happen. So who knows.