According to the Letter to Shareholders the non-renounceable...

According to the Letter to Shareholders the non-renounceable entitlement issue prospectus was due to be distributed on Oct 25th, however I am yet to receive. Given it closes on November 9th I am hoping it will be delivered soon, has anyone received it yet?

In that respect despite the unfortunate recent events I still intend to take up the entitlement. Very real possibility this share will never see 7 cents again, however for the relatively small outlay I consider it worth the risk. Put simply if Patersons are willing to underwrite the issue (having already underwritten the previous raising) they must have some reason for doing so. Definitely not sound investment logic and it may well be good money after bad, regardless enough for me to take the punt.