Still a chance to find new insto's that didn;t hold any shares,...

Still a chance to find new insto's that didn;t hold any shares, but anyone with even 1 share was able to bid for as many shares as they liked for any undersubscription top-up. The clean way to play this with a positive market signal was for Bruce to ensure any insto that was interested to hold at least some shares and apply for more than their 1:14 rights and top them up yesterday as part of the initial entitlement offer results... simple, clean and would have made the offer look well bid because the market wouldn;t know who didn;t apply and what shares were issued as over-subs.

In this heavily falling market since the CR was announced, the rights and under-subs excess was always going to hard to fill at 50c. I bought more than my rights on-market to the level I wanted just to be sure then left my rights un-subscribed as I'm sure others did. Regardless of 'value' at 50c, in a shite market 50c CR price becomes resistance not support imo. Bless @Franpower and his rose-coloured glasses, but that last post yesterday always looked like a smoking gun haha.

GLTAH