Folk's there is a couple of issues which really stick in my 'Craw '. Firstly why only $5,000. If you are in the QTR that funding is supposedly well advanced and ahead of the term sheet requirements of Sept 2019 - being finalization of ALL facets of funding. So why wouldn't it be par the course to use all your capacity then under 7.1 and 7.1A.Secondly , why 2.9 cents and not 3.0. Seems to me 3.0 would be a whole lot neater and much more convenient given the even multiples all the way up to 12 cents.....with of course a modest ' in house discount ' being applied - lol . Is it because the participating brokers to the offer have advised that 3.0 is a clear technical support for the AUZ SP ....and so guarantees success ? or is it also about pricing it at the most favorable level ahead of a further raising for Ordinaries SH's ....reward for the loyalties if you like and for all the short term pain.Whatever the case folk's , I reckon this offering and what's to come has been priced for perfection and success in the ' Grandeur ' scheme of things........In the meantime and IMO , I sense a suspension in the winds until additional details sorted. Whatever the case - Best of Luck for Tomorrow.
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