There are many ways to take over a company without making an...

There are many ways to take over a company without making an offer. This so-called capital raising (to me) is one of them. It's glaringly obvious that there'll be a huge shortfall. My observations suggest that it's a contrived shortfall. Clause 8 of the Terms and Conditions allows the SHORTFALL to be allotted to anyone at THEIR ABSOLUTE DISCRETION. There you have it, back it in that the shortfall will be taken up by Chinese buyers. There's nothing to stop the existing major Chinese shareholders and directors from taking up the shortfall. That waters the existing shareholding down substantially and puts a ceiling on the share price of 1.3c. IMO this IS the takeover and we're being watered down and out. Hopefully my prognosis is wrong.