I really didn't think they'd be able to get away with another raising after the WDTPA... unless they can make a decent profit before May 2017, around three-quarters of the company could end up going to the pref holders. (Could be a good gamble if it was actually possible to buy any of those prefs at the 10c quoted!).
Old WDTPA prospectus:
http://www.business.govt.nz/companie...AF8F7471968896