would it be fair to say, page-28

What if this hypothetical was true?

Management have announced the rights issue to reward all long term share holders.

Record date for entitlement of the offer is pre the capital raising announcement.

Before capital raising date OBJ announce a material development with one of our long term partners.

Share price increases to 5 - 10 cents?

We get to fill our share of cheap shares and options thus making more on the deal buying 10 cent shares for 1.5 cents.

Has this not happened before in this game?

My glass is half fool/full!