Hey Butch. Not sure it favours large holders per se more like penalises those that flip for profit and those with sub $500 invested. If you had 1,000 or 1,000,000 you could still only apply for a max of $30k. I especially like the second bullet point though in theory but I guess the day after spp closes they could still dump.
They can't favour large holders over small. The only way that can be done is with a rights issue. They never give a breakdown of spending. Exalo will be entirely responsible for paying for upgrades, that does not mean that their day rate will not reflect those upgrades though. Exalo were NOT to blame for disservice. That was all down to Baker Hughes. It appears that any farm in requires the PPSA done ergo no PPSA no farm in. It will not be a sale of WI but a share sale of X % of the holding company. This avoids requiring government approvals which can take an age.
IVZ Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
