Ann: Successful Institutional Equity Raising, page-19

If we have 7000 shareholders with 10% taking the "up to $30000" offer, that is 700 x $30,000 = $21M and is only just oversubscribed, people will get close to their full allocation.

If that becomes 25% we get $52.5M and assuming they allocated $30M instead of $20M then holders would get $17140 worth of shares, if they stuck to the $20M limit then we are looking at only $11,420 in shares.

$30,000 = just under 70,000 shares, I took the full 13c CR, the full 24c CR and will apply for this offer. Assuming full allotment, it will raise my average to around 27c but I have full confidence in the dividend generation potential just as I plan to retire in 2028.

_{Always remember, I am a mug and unless you pay for my opinion it is only an opinion & not advice.}