Ann: Trading Halt , page-32

Mr C

from a previous post in this thread I said

"However I think that (again based on past performance) that they will not try and dilute the register too much. They havent in the past so why would they now. They have shareholder approval for, I think, 15% which I think they will "place". The rest IMO will be offered to existing shareholders, with possibly the shortfall being underwritten."

I still think this is what will happen and I for one will be surprised if they issue at 75c I think Ian does a good job of getting a deal and the CR will be at 85c.

But what do I know - all will be revealed before open tomorrow