RAC 2.92% $1.94 race oncology ltd

Ann: Race raises $29.7 million in oversubscribed SPP, page-261

  1. 1,954 Posts.
    lightbulb Created with Sketch. 321
    I am in agreement with your sentiment IT. Transparency is important.

    I feel you're looking at this at one angle. I guess the question needs to be ask, what is fair? This is a different answer for everyone, as if you read the prior discussions a few posters had different opinions of fair on when the SPP should be scaled back or who should be given first right to the allocation.

    I highly doubt the board went through all 2500 submissions and ticked or crossed based on the numerous factors on who should receive a full allocation or not. This was probably roughly allocated via a computer system.

    I hope in future(if required), whether it is detrimental or not, they allocate evenly across the board(as @Titans19 suggested). I know this may have some detrimental effects, but we can see any decision with have a detrimental effect.
 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.