Ann: Trading Halt, page-44

At last year's AGM we spoke to Christian (CFO) about their plans. He indicated a strong desire to pay down the JGB note in cash as soon as possible, and that they were talking with several funds about getting involved. Apparently, the funds were of the opinion that the debt needed to be paid down before they'd bite, hence his focus on paying down JGB. I'm speculating, but I suspect that given the raising is at a premium and on such a short time window, it might be that the fund/s they were talking to are finally coming on board (and by extension, fingers crossed, helping remove the JGB debt). If that's not the case, they're bloody ballsy.