And there we have it, seems someone may have known the announcement was coming and dumped on the market before it was public knowledge. Well done to that person
This shortfall offer allows for up to 1,547,632,243 fully paid ordinary
shares (Shortfall Shares) to be issued at the same price as the Rights Issue
(being AU$0.005 or NZ $0.005 per Shortfall Share).
Acceptances and cleared funds must be received by no later than Friday, 12
August 2016 (so that allotment can occur by Wednesday August 17th 2016).
Although Shortfall Shares may be allocated to new shareholders, preference
will be shown to existing Eligible Shareholders who participated in the
Rights Issue and who are supportive of New Talisman's long term goals, in a
manner that is equitable and in the best interests of New Talisman. To the
extent the offer of Shortfall Shares is oversubscribed, New Talisman will
allocate the Shortfall Shares, at its discretion, in a manner consistent with
this approach. Funds which are not accepted will be refunded in a manner
consistent with the Rights Issue.