the release gives some info on where the funds will be spent.but...

the release gives some info on where the funds will be spent.

but how would anyone not take up the offer, it is trading at 0.6-0.7 and they are offering shares for 0.1 cent, how could anyone not take them up,

if anyone don't want their entitlement I will certainly have them.

I doubted there would be any not taken up, but seeing they can place shortfall I might put that to them now, saying I will take up some shortfall stock,

cannot believe the thinking.


point I was making about the announcent prior to rights issue,
I would say why have a rights issue so low if they announced a good deal before the issue.