IMO, if they had something to get the rights over the line, they would have released it before rights trading ceased, as it would be the only way to get 'fresh blood' on the register.
I suspect they have nothing up their sleeve, but we might see a broker let prop and pump over the next week to get the SP up a little and the cheques flowing in.
If 'someone' agrees to buy $200k worth of shares for a 'fee', it would make the difference between receiving the full +$4m subscription versus a much lesser amount. Do companies practice that? Is it legal?
Maybe time to call back the pumper dumper team.
KEY Price at posting:
11.5¢ Sentiment: None Disclosure: Held