rights issue takeup, page-17

Today we get the result on the capital raising.

So basically there is the entitlement take up (which I reckon will struggle to get to 50%), then there is the take up of additional shares (I expect this will be quite minimal) with the remainder either being taken up by sophs & the likes or lapsing.

Anyone think the raising will get a 100% take up in total?

I expect there will be a large amount placed with sophs & the like resulting in substantial selling into any positive news. This won't be pretty if Dunnart #1 is a failure.