The other way to look at it is they're trying to triple their capital base at one-third the price of the stock when they announced the rights issue. This is a fairly extreme measure dont u think? Now the price has gone down so much, will everyone be taking up their rights? what happens if they're not taken up?
Any ideas on how prospective their Australian assets are, thats the most important thing to me. would be good if they could come out with a presentation or something to explain what the plan is.
rights issue, page-6
Currently unlisted. Proposed listing date: WITHDRAWN
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