Ann: Update on Takeovers Panel Application and Timing of AGM, page-3

Asteroider, you are quite right that the solution should have been delay issue of institutions shareholding until the issue of the retail offering. However, we are still is a situation where there has been a 30% placement as at today, through a concocted pretence that the retail shares are issued simultaneously when they in fact are not.

MMA welcomes the outcome means that the solution they have achieved is still better for the board, than the correct solution posted above by Asteroider.

If you are a retail holder take up every entitlement that you can.