Ann: Oversubscribed placement raises $20.9m, page-29

Yes and typically the company would let you know when the shares are issued and available for trading. We will have to wait for the Appendix 3B I presume. Given the raise price, and the current share price, when the shares are available there will be people who participated that will just take the stag profit and run. given onl 46K in volume today the shares are clearly not yet issued.

So we still dont know what impact the share raise will have in the short run particularly if the company doesnt tell you the timetable for the share issue. All a little amateur to me- the classic case sometimes of a scientist or subject expert who leads a company as CEO rather than a business manager who would be able to execute a capital management plan