Shares are issued 22/12/14. Offer closes 12/12/14. So in effect, one doesn't know the price one is signing up
for is the offer is accepted. Flow results as you say Span, expected to be released 5-8th December. So maybe
if that is the case and the results are favourable then at least you would be expecting a SP increase prior
to accepting the offer, knowing it will be further discounted 20% upon the last 5 days vwap PRIOR to the
issuing of the new shares on 22/12/14. What that eventual issue price will be you won't know until 22/12/14.
Strange days indeed.
GLTAH
OEX Price at posting:
6.5¢ Sentiment: None Disclosure: Not Held