Not everyone is a gazzillion air and can have millions.
I think it’s absolutely ludicrous.
You’d need to be holding 2.6 million to apply for the same amount as a Spp.
Unlike Sophs who can apply for double treble unlimited amounts then simply dump what they don’t want which has happened repeatedly crashing the sp I think my view is a lot more accurate than yours.
Ann: IVZ launches Entitlement Offer, page-45
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