The downside-argument to the likes of management, ie Doug, taking up extras and the underwriting is there's been an underwhelming response to the retail offer. The upside-argument is the desire to turn things around free of the financing constraints they've had
I took up my allocation more in hope than conviction this is the low point. We will know in a week's time how many others have taken the plunge too.
Ann: Retail Entitlement Offer Update - additional underwriting, page-7
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