Ann: Rights Issue Shortfall Notice, page-4

Finding myself to be a conspiracy enthusiast as well, I thought this exact same thing yesterday,,, when I felt it wasn't personally worth participating in the entitlement given price was at 4.3 at the time. However as someone mentioned, for a larger buyer to buy on market and wanting a large chunck, they would end up paying a lot more that 4.7 given the limits of on market supply.

Though there were certainly a swirl of other contributing factors which would explain the SP reaching its low point as well..

Hopefully a few good drill results will make it profitable for all involved regardless of how and when we entered.