Ann: Rights Issue - Notification of Shortfall, page-13

what's the bet they do an MEU. Hold onto the shortfall, make a very positive announcement about the drilling, see the sp go up, sell the shortfall into a rising expectant market that takes in all the gullable investors and then announce that the project has been downgraded as the results were not as good as first expected. Subsequently the sp falls back to a level lower than current sp. MEU and MOX are joined at the hip, done once and succeeded so try again.