RAC 2.92% $1.94 race oncology ltd

Ann: Race Oncology Share Purchase Plan Opens, page-16

  1. 2,649 Posts.
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    Yes. You can take this to mean we will be making allocations on the basis of your past support of the company. We did this raise without an attached placement to the big end of town to reward our loyal shareholders.

    We could have done a raise to the big end of town at the same sort of discount who would have just flipped their cheap shares onto the market for a quick profit. Instead we looked after our loyal small shareholders at the expense of shareholders like me. I have personally given up millions of dollars by us not doing a standard raise which I could participate in.

    The way we are looking after the small shareholders is so unusual that we even made the AFR Street Talk section today.
 
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