I'm surprised by this extension because I can't see what could...

I'm surprised by this extension because I can't see what could materially change to make Sept 10th a better day than Aug 20th.

The hope of a major sales announcement falls into the wishful thinking category imo. There hasn't been one in 12 months so why one would materialise in the next 3 weeks is beyond me, but I'd love to be wrong. Like others have suggested, my guess is management and the board have feedback the uptake is going to be less than good and are trying to buy time.

Another poster some time ago put forward ideas to make raisings more attractive. The only idea I can remember was attaching an option to each new share raised which I think has a lot of merit. For example, each 6c share taken up with this raising could have been attached to a 6c option to be bought/converted in 12 months (say) time. If the sp is higher in 12 months then supporters of the raising could be rewarded by being in the money via their options if taken up. Wishful thinking I know.