what price the issue?, page-2

Elguido

The 80% is the minimum, so that sets a floor not a price.

"The shares are to be issued at a price at least 80% of the average
market price (as defined by the ASX Listing Rules) calculated by reference to the last 5
days on which the sales in the securities were recorded before the day on which the issue
is made"

The way I read it, resolutions 5 and 6 are insurance, "just incase" the spoken of "offers of finance" do not come in time.