Fiendish, indeed Resolution 13 is a very important item that...

Fiendish, indeed Resolution 13 is a very important item that allows EHR some capital flexibility to avoid drawing on the remaining $3m from Socius (who treated us poorly 12 mths ago). Of the 136m placement shares, 20m have already been placed. Importantly, the placement was at the market rate and not a discount!

EHR's managing director is doing well to ensure that existing shareholders get the best value in these placements. He has previously released a statement to market saying that some of the placements will be at a "significant premium to the prevailing share price". I, for one, can't wait to find out how significant!