"With respect Id say Bells we will be dumped as furture...

"With respect Id say Bells we will be dumped as furture underwriter in stock issues. Directors would be seething"

I think you need to look at the placement announcement dated 19/11.
http://www.asx.com.au/asxpdf/20071119/pdf/315xfzntn7clfm.pdf

Int's MD was delighted with the positive responce for the placement.

The placement was at a 10% discount to the last 5 days average trading price. This is not unusual. Look at placements by other companies ie NMS @ 95 cents to a previous average trading range of $1.05.