Support and value the retail shareholders by giving them good...

Support and value the retail shareholders by giving them good access to SPP and accept their oversubsciptions if there are any.
If they are treated well, their loyalty may well save the company from OS ‘predators’ who come along trying it grab it with low-ball Scheme of Arrangement offers.

Look back at case of Nearmap last year with the lowball opportunistic offer by OS private equity vultures.
When it came to final vote, the SOA only got over the line by a ‘cats whisker’.
Of those in favour, Insto’s could only think of short term and some of Execs of ‘stuffing their pockets’, but it was the vote of retail shareholders that nearly made the 20% vote that would have blocked deal and kept NEA with its bright future in Australian hands.