I've never seen this happen before, so not sure what to make of...

I've never seen this happen before, so not sure what to make of it, but it clearly suggests there is no appetite for EEG within Australia, and the company has had to go down a less than traditional route to try and raise the money to keep Macquarie bank happy. This appears to have backfired with the monies not being received via Singapore in time to fall under the offer. The important question now is what is Macquarie thinking and under what grounds they will demand their money back. I would strongly suggest the equity in this company is worth very little at the moment given the uncertainty surrounding Macquaries interests here..