The assumption was made by M12 that there is a shortfall. The other cooments are as per the following ASX release. Hope this clears up what was posted: 4.6 Shortfall Offer Any entitlement not taken up by shareholders ("Shortfall") will become part of the Shortfall Offer. Shareholders who wish to subscribe for Contributing Shares from the Shortfall are invited to complete the relevant field on their Entitlement and Acceptance Form accompanying this Prospectus and return it to the Share Registry with the appropriate payment. Non-shareholders who wish to subscribe for Contributing Shares from the Shortfall are invited to complete the Shortfall Application Form accompanying this Prospectus and return it to the Share Registry with a cheque for the application money required for the number of Shortfall Shares applied for. The Directors reserve the right to issue or not to issue any Shortfall in Contributing Shares at their absolute discretion. The Shortfall Offer is a separate offer made pursuant to this Prospectus and will remain open for up to three (3) months following the Closing Date.
SLA Price at posting:
24.0¢ Sentiment: LT Buy Disclosure: Held