It would be bold shall see say for them to drop a cap raise before the annual general meeting (22nd November).
They've made some stupid decisions in the past but I doubt they'll make a stupid decision when it comes to their pay packets.
I think a first strike is coming regardless on their remuneration packages. But it'd definitely seal their fate (if they announce a cap raise pre-AGM).
If there is to be a cap raise, I think they'll be vague at the AGM and dance around the topic of finance. Then a cap raise in the weeks to follow.
Ann: Quarterly update and outlook - September 2022, page-128
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