Yes that would be a fairer approach. I have been in a lot of SPPs over the years and this is my 2nd highest scale back ever. Highest was 88% which I think was AD8. My condolences to those that sold their holding beforehand, but always a highly risky move where the SP is so much higher than the issue price and so much positive sentiment about co and allocation to retail in cap raise so small.
Ann: Share Purchase Plan Result, page-10
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