I will participate at some level.
Both the rights issue and the overseas offer will most likely be under-subscribed as was the last. If under-subscribed progress towards commercialisation will be slowed. There may be a possibility of a placement with "cornerstone or strategic investors who could also help with product manufacturing &/or sales", time will tell on that front.
The prospectus goes into more detail about the ramifications of the capital raising...
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issue of shares, page-2
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