Jtaylor1,
As per the ASX announcement dated 18 June 09,"the Renounceable Rights Issue, following on full take up of the initial shortfall, will raise approximately A$25.7 million (before costs). Due to the overwhelming response, the Board has resolved to conduct a placement to take up a portion of the shortfall oversubscription demand".
Hence, an extra $5 million was raised, yo'uve conveniently decided to omit this information.
AS for your comment "I hope it works out well for holders but I'd rather throw my money on the favourite R6 @ Randwick" thanks for wishing us well. However, your comment may also indicate that you have a serious gambling problem. LOL!
Best of luck Jtaylor1 just the same.
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