The recent ann stated that "Golden Gate Petroleum Ltd (ASX:GGP) announces today that its Share Purchase Plan (SPP) has closed with strong demand from security holders. Applications totalling approximately $9.5 million were received from approximately 1,286 eligible shareholders. As a result, Golden Gate will raise the maximum $6.5 million under the SPP, and all applications will be scaled back with applicants receiving 68.5% of their application amount."
I think you will find that's what you have received. The balance of the cash should be refunded to you.
GGP Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held