MYQ Chart, page-46

The company is not legally allowed to draw on those funds until the shares are issued.

Nice try though, trying to put a positive spin on everything. You're basically saying its a good thing so the company can hold them ransom when the rest of the $$ doesn't arrive LOL this isn't a schoolyard.

Maybe do some diligence and read the announcements?

"The shares under the placement will be issued over the various tranches under the Company’s available 15% placement capacity under ASX Listing Rule 7.1."