Ann: Placement and Fully Underwritten Entitlement Offer, page-65

Good Friday Afternoon,
Say a prawn currently holds about a 1Mill of these little kippers and is looking to maintain share and ups holding by 110% (11:10).
But why at 5.0c when can do the same today / Mon at say ~ 4.7c and also then be in a posi to sell 2.2M renounceable rights to further fund the cheaper purchase?
BTW did someone take a massive dump today (anybody with the stats please?) or does the market think POS offering isn’t worthwhile and / or there’s bigger games going on?
Further / else any ideas on why this little cutie can be bought today for 4.7c when just a few days back these foreign guys with big schlongs wanted some action for 6.0c?
All taken as own opinions and nothing relied upon in forming own. In any case will take a few bots of cheap home brew to work through this one and does give one a good excuse to not watch this week’s own team annihilation.
GLTAH (and those that wish they were ... or am I missing something here as well?)
Cheers, LP