Ann: Placement and Non-Renounceable Entitlement Offer-ZYB.AX, page-6

  1. 23 Posts.
    The "incentives " they have been given are to negate normal share holder dilution because of the raise (so they have been given insider information to gain advantage).
    so in effect all the pleb (no offence intended) shareholders have just been super diluted now and virtually no offset gained by taking up the offer due to Patto's becoming instant share holders (doubling registary ) at the same time as the prospectus allowing they to take part in the 0.005 raising with free options
    all to the detriment of the normal existing shareholders.
    going through all the DUO sketchy (oops sorry my bad we didn't realise we were not allowed to do that)
    raising this really sticks in the throat
 
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