yeah then no one wanted an EGM and so it seemed pointless as the retail sector backed away when it came to the crunch. i Then i made a few phone calls of which included a lawyer and a number of other professional folk who kick some tyres for me and then I calmed down a bit.
the reality is i'm onboard for t2 and i'll ride this nasty B*tch to heaven or hell....and see where we land come g2 cash flow and t1 permitted.
I disagree that the SPP is because of lack of Soph investment. they allowed 72 hours for soph investment which is absolutely no time at all! if they were serious it would have been a week+ a bunch of broker presentations in the weeks leading up.... the rest is retail SPP. Sure, we are getting a slice of what's left, but the reality being atleast we were considered this time. Would you have preferred they lined up again with LIND and added a billion options ?
Nah, this is double or nothing kinda territory and I'm pushing all in.... each to their own though.
Ann: Capital Raising and SPP For Taronga Stage 1, page-67
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