Ann: A$15m Facility Provides Flexible Project Funding Options, page-6

I am a holder of ADV so certainly not a down ramper but this is a terrible decision. Even if the facility is never invoked (and apart from the small number of shares to be issued as an activation fee), this leaves an overhang on the share price for the next 2 years. I have seen it too many times before. The market has no idea if and when the facility is to be invoked other than an Appendix 3B appearing on the screens to show more shares have been issued. I don't know LSI so I can't comment on their strategy but I am very familiar with other entities providing an identical service. Shareholders can expect that any shares issued under the facility will be smashed straight back out into the market for the profit between the discounted price the shares are issued at and the then current share price. As I said, not a down ramper as I am a reasonably sized shareholder but this is a very very poor decision.