I wonder if this is Tim’s gift to the loyal? Rumour was they wanted the cap raise at circa $2.30, but other big holders insisted it should be $1.80, so now maybe his ‘people’ have kept the price around $1.50? Just speculation on my part, but after raise, if it flies up to $1.80 and above and sits around there for a while, that would be evidence, maybe. All my opinion, not advice.
Ann: Share Purchase Plan Opens / Share Purchase Plan Booklet, page-96
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