It is a pretty standard reponse as I also received this from the...

It is a pretty standard reponse as I also received this from the company. I love (as in hate) how they justify that the shareholders had their chance to increase their shareholding during  the rights issue. This is clearly another case where us shareholders have to apply the lube. Clearly the directors are only looking after their own interest and that of friends. Duminda, you received the same email the day after the prospectus. Clearly this was all arranged before the prospectuse. It's completely misleading to send out a prospectus announcing we have until the 4th of December when we don't.

their disclaimer is clearly the only thing keeping them out of trouble.



Thank you for your enquiry.
The Board has been working with the Lead Manager and the proposed allocations have been made. Unfortunately no further applications will be accepted.
The Company undertook an entitlement offer to shareholders in September 2015 to allow existing shareholders the right to participate in the early stage fundraising.

Extract from Prospectus
Public Offer
The allocation of Securities under the Public Offer will be determined by the Board in conjunction with the Lead Manager in their absolute discretion. There is no guaranteed allocation of Securities under the Public Offer.