drp

Hi all

The app 3B is out for the DRP and it shows just over 5m new shares, and the change in directors interest notice confirms that Mr Shen took up his entire divvie allocation in the DRP.

I am somewhat surprised as I would have thought that given he is trying to raise $18m for the privatisation, that $810k (being 81m shares x 1c) would help provide some security in getting the funding.

So does this mean he doesnt need this cash for the privatisation and the funding is close to being announced? Or is something different about to come out in light of gcf's comments?

Not sure how to intepret it at this stage