A renounceable share offer just after AIO have had a retail & insto offer might not work as well as the RIO renouceable offer.
Think about it, retail investors have already pulled money out of their pocket to prevent diltion so its is more than likely they wouldnt want to participate in a second offer, therefore a majority of investors would sell their entitlements causeing short term pressure on AIO share price.
Good thinking but i would rather see an insto raising, i beleive many instos will be happy to go long in this stock.
AIO Price at posting:
$1.41 Sentiment: Buy Disclosure: Held
