Ann: Fully Underwritten Non-Renounceable Rights Issue, page-15

i have just browsed thru the prospectus now

these big money folk are certainly wanting shares

not that i am a large shareholder but i am glad i increased my holdings by 3.6 times @ 16.5 average

ex-date for entitlement is next Friday (19 Sept) so investors have until Thursday to buy to obtain an entitlement

looks like i will take up my entitlement despite buying at 16.5

for 18 cents, you get 1 share & 1.5 options

the options must be worth 2 cents each so that is like buying the shares for 15 cents each

a buy up to 18 cents is my sentiment