Interesting result.
25mm initial intended raise from retail, directors have increased acceptance to 60mm. However scaleback required as they recieved 150mm odd.
The oversubscription, is a good indication of retail's confidence in the stock (and in part reflective of a nice little stag profit in the offering).
No huge detail as to the actual paring back per individual holder, however I hope it will weed out some of the Johnny come latelys that tried to get on the band
wagon, and the long term holders are rewarded.
Glta
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