BCI Beautiful Compounding Investment, page-15

Nice green day, today......

So after a weekend away to ponder this question, I'd be thinking it will be a combination of a Inst/soph's bookbuild and a retail rights offer to existing holders (but fully underwritten).

So lets consider that......

We should have Environmentals, FID and Funding largely ticked off by then, so Mardie should have more certainty about it.

The last retail offer was back in Sept last year and only had a 21% participation rate from retail holders (yes, i know the world was a different place back then.....). And that was at .24c!!!! How does that look now.....!!!???

So my question is, assuming the above scenario, will more holders participate this time around, and to what extent, or simply sit back and allow the underwriters to pick up more cheap shares?

Approaching decision time.

May be the right time to start putting aside some funds. Or not....???

Would be interested to get a feel of the level of confidence.....

GLTAH.