I applied for rought 500x my entitlements, but expected most interested parties to do the same. i would hope that management issue the shortfall, pro-rata to existing holdings, meaning i'll get squat of my oversub, and i'd be fine with that.
I see this raising as nothing more than an 'evener' for the retail holders, so I feel it would be a slap in the face for those willing to oversub, given we have not been availed of cap raisings of late. This raising was never about the money. Just my opinion.
Cannot wait for the JV news and drill results. So much to look forward to, IMO.
Ann: Close of Entitlement Offer and Notice of Shortfall, page-20
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