Hi HUD,
Always amusing when someone tries for a snappy post , and comes up with something hilariously inept.
Renounceables fairer to smaller shareholders , eially those a bit short of coin.
And yes, as is usual , this is non-renounceable.
So, spp's not as fair as straight proportional raisings ,which are not as fair as renounceable.
What possessed you to think that I hadn't read the announcement?
I note the share price hit 2.66, well done board.
Whatever the type of retail raising , not very relevant now?
Ann: ORA - Completion of Institutional Entitlement Offer, page-70
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