PA,
Don't be too worried about the limited move in he SP. The Rights Issue means existing holders can buy more shares with at less than market price and get bonus options so there are fewer on market buyers for the time being. That will change.
This announcement is a huge milestone for the company. Couple it with the interest from NA and there finally appears to be some momentum. If they can bring in a few more small orders like this and increase their visibility and credibility then the big orders will follow.
Big orders won't come in until the company can show that it is here for the long term and thus can support it's systems. These baby steps are escential to that goal.
The Rights Issue is now starting to look attractive and that in itself will mean a fair cash injection and a stabalisation of the issued capital for a while.
Finally they may be turnign the corner.
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