Ann: Trading Halt, page-101

The shortfall and the shortfall placement relates to the offer not the oversubscriptions to the offer. The offer is closed and was oversubscribed therefore no shortfall or shortfall offer as per the prospectus. The 3 month shortfall offer would have come into play if the offer wasn't fully subscribed and then if after this time the shortfall wasn't filled then the underwriter would take the shares.

Reality is that a little under $5.2 million was raised under the SPP and now you wait to find out if the Pattersons top up offer is still on the table or if it is being replaced by a new offer to other parties. Esh