As I interpret this, its atleast 3 months off... and as for the...

As I interpret this, its atleast 3 months off... and as for the purpose.. it is stated in the announcement.. what is wrong with this.. they are at the earlier stages of Voip intergration and 'CURRENTLY' hold number 1 position.. the capital raising is for greater expansion not to stay above water...


the securities will be issued no later than 3 months after the date of this Meeting (or such later date
as determined by any ASX waiver or modifi cation of the ASX Listing Rules) and it is anticipated that
allotment will occur on one date;
(e) the Shares will be ordinary Shares in the Company and they will rank equally with the existing ordinary
Shares on issue; and
(f) the funds raised from the issue of the Shares will be applied to:
i) expand infrastructure capacity and working capital to cater for accelerated growth
ii) execute growth strategies such as:
• Marketing activities to build on customer acquisition momentum;
• Diversifying engin’s product offering;
• Target SME (Small To Medium Enterprise) market; and
• Geographic expansion