rights issue , page-14

I'd be surprised if it was fully subscribed. There's very little margin in it compared to the trading price during the placement. I also expect this is what caused the lack of interest in rights trading.

After much umming an arring I took my entitlement though it was without much conviction. The quartelry really didn't do much to bolster the SP with it really being not much more than an admission that not much in the way of meaningful progress (ie progress likely to return siginificant gains to the company and thus shareholders) for at least 12 months.

And I would just love to be proven wrong. Hell if the share price gets up around 20cents by the end of this year I'll happily proclaim myself an idiot on this very forum. I'm just calling it as I see it.

Illiquid.