Not too fussed if the offer in full is taken up. Anyone could by shares on market @ the offer price.
The real test is coming up. Id say we will get an update within a month and this will give us an indication if Glenn and team are delivering on their bold predictions. The half yearly is crucial.
In the interim, despite dilution I think we should still see a decent SP rise post raising.
Ann: Institutional Placement and Share Purchase Plan, page-40
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