Not sure you can suggest that any of the 3.2 section will not be met or section 4. Nothing has changed in that respect since they announced the placement from what i read.
Maybe i'm not reading it clearly but which part do you think will lead to lower 2nd tranche based on what is in the public domain at present?.
Document referred to http://www.asx.com.au/asxpdf/20080801/pdf/31bhgvstbbp3vb.pdf
lets get fair dinkum, page-20
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