NAB 0.61% $39.42 national australia bank limited

Ann: NAB announces results of Share Purchase Plan Offer, page-38

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  1. 270 Posts.
    lightbulb Created with Sketch. 101
    Yep, that is my understanding!
    I still think they stuffed this up, as the % allocated to Non-insto existing shareholders should have been higher (or able to be higher).
    It just shows they wanted INSTO support (to guarantee raising) and were happy to sacrifice Retail Investors.
 
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