Ann: Ceasing to be a substantial holder, page-17

The positive out of all this is it gave retail the chance to get in well under the insto CR. Rarely do you see a big CR done like that (let alone after such a strong phase 2) and it not at least bag. They may never have to do a CR again if phase 3 is a hit and they get taken out. Do you remember all the whiners complaining how the raise wasn't offered up to them? I wonder if they have loaded up at a discount. Either way like many here I do think it's one of those rare opportunities to make significant money and you will look back at it realising how much of a slam dunk it was and you wished you bought more blah blah but when there is relentless selling like this you can't help but doubt yourself a little.