Ann: Placement and Accelerated Non-Renounceable Issue, page-36

How often do you the sophisticated invest get allocated less than the small investor...?

• A$1.4 million Placement to sophisticated and institutional investors and a partially underwritten 1 for 1 accelerated Entitlement Offer of ~A$16.15 million to raise a total of ~A$17.5 million

It’s a tiny amount to the sophs...all OELs other raises from memory have been more to the sophs....either this tiny allocation is a sign they just aren’t interested in supporting OEL further at any price or it’s a deliberate manoeuvre to stop Perennial getting any meaningful quantity.

Could they have gone so far as to deliberately piss off small investors with the .6 to deliver the extras to Molton..they did also say things were going to get worse in their view which would put people off.?
They wouldn’t have been wrong judging by today’s posts.

I assume you can apply for more than your allocation as has always been the case with their raises before ?
The logical way for small holders to still have some sort of control would be to try to buy the entire entitlement allocation and not let too many slip through to Molton.
Do Perennial do loans...as I have no meaningful funds left perhaps all of us a bit short could give them ring for a loan to buy OELs and let them hold the title...??