read thou the announcement put out by epn again and picked up a...

read thou the announcement put out by epn again and picked up a few things.

quote--> EPN will participate in and be a sub-underwriter to the entitlement offer. Other substantial unitholders in the Trust will be offered the opportunity to participate in the sub-underwriting of the offer. EPN's final ownership level in the Trust will depend on the participation level of MDT's other unitholders in the offer and the extent of other unitholders participation in the sub-underwriting of the offer. <---- quote

what this means to me is that any shares not taken up by investors will prolly be picked up by the substantial holders or EPN at a very cheap price! so basically we have a gun to our head to partipate. because we will suffer futher dilution if we don't

Quote---> Trading in the Trust's units will remain suspended until the conditions for the proposed Recapitalisation are satisfied to allow a PDS for the Entitlement offer be lodged with ASIC and the ASX <-- Quote

This says to me trading will resume before we decide if we want to take up the offer. This may mean we can see where the price heads before we decide if we want to stay in the deal or now. If the price sinks. The Substantial holder will pick up the shares cheap and well end up owning two bits of nothing. However if it climbs people will be encouaged to take up the offer. The higher the offer price. The higher the SP will hold as there will be less dilution so hopefully the offer price is that on the 3 - 6 month average.