Hi Badger, re rubbish T/U, I reckon since these newish $30,000 limits that a lot of holders just don’t bother applying as they know they are likely to get scaled back dramatically, so don’t bother tying their money up.
Particularly when only a token amount is offered in the retail component in the first place. Like oversubscribed with only a “rubbish” level take up of 14%
Ann: Successful Completion of Share Purchase Plan, page-6
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