Let me clarify. Once the long form doc is complete which should...

Let me clarify. Once the long form doc is complete which should be soon, then it will go to a shareholder vote in late August, early Sept with the aim of formalizing deal by October. However the company still need to discuss all this with ASIC about a delisting most likely in Oct/Nov. so still 4 months away.

Not all money lost, definitely not. If shareholders take up the full entitlement of convertible notes, then dilution will be at approx 55%.