At the end of the day if (as the company has stated numerous times) we all get to partcicpate in the cap raising on equal terms in whatever form it takes, then how on earth is that looking after the big boys as they will only be offered as per the number of shares they own like everyone else.
The big boys will then get the benefit (and associated risk) of underwriting the issue for any shares that are left over.
Its pretty simple we all get to participate at the same price with larger players (who are carrying the biggest risk) able to underwrite the issue.
To me you cant get fairer than that and its a damn site better than the way alot of stocks raise capital as SBN is looking after all exsisting holders.
Thats if the cap raising happens this way, personally im just going by trades and sp and making a guess.
I could be way off the mark
p.s
We should be thanking gsw for his honesty as im buggered if i would have posted what he has over the weekend.
have a good week everyone and lets get this bl**dy cap rasing out of the way so we can move on.
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