No extension, then my take is there is sufficient interest thus far:
(1) a good % of retail investors applied and sent money in, so offer is well supported and on track
and/or
(2) institutional investors might want as many shares as they can in shortfall offer, thus pushing lead manager to advice the company, 'we should close the offer ASAP'.
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- Ann: Priority Offer - Closing Date Reminder
No extension, then my take is there is sufficient interest thus...
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