Sorry I'm actually not sure how all this works. The below is from the CHM raise in February which states Insto's can't dump. Anyone know more?
Institutional Entitlement Offer
Eligible institutional shareholders will be invited to participate in the institutional component of the Institutional Entitlement Offer, which is being conducted today, Monday, 21 February 2022. Eligible institutional shareholders can choose to take up all, part or none of their Entitlement.
Institutional Entitlements cannot be traded on ASX or transferred.
Ann: Trading Halt, page-24
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