OEL 9.09% 1.2¢ otto energy limited

Ann: Completion of Placement and Institutional Entitlement Offer, page-2

  1. 1,446 Posts.
    lightbulb Created with Sketch. 488
    Am I reading this correctly?
    Institutional investors (excluding Molton) only took up a minuscule 8.3 m shares, and their other 536.8m entitlement went to Molton.
    Virtually no institutional support.
    I'm surprised/shocked.
 
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