Hi Maxd
I wasn't replying to your comment.
In response to your comment, the announcement alludes to an institutional component that will likely be designed to allow strategic shareholders like CATL and POSCO to participate. Also worth noting that FIRB approval is not required under a rights issue.
If there are any shareholders that are not eligible or that simply do not take up their entitlement, their rights not taken up are likely to be dispersed through a shortfall facility.
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