Dr T advised that in the days before the SPP closed they were not fully subscribed.
A lot of money came in at the last couple of days
He also stated they decided to let it run because of the issues of Australia Post snail mail.
Mind you it is risky to be a passive investor and not register your email address for communications...
Further the company stated in the SPP release they have absolute discretion on the allocation.
ASIC can do nothing about this so please put you pitch fork away.
Note: If you only received 50%, then at the current SP you can get your requested fill at a small premium of circa 5% overall.
Because of the great SPP result and cardio safety news I am going to buy more than what I missed in the SPP.
Thank you Dr T and Phil L and the entire board for a awesome result.
You know where to come for more $$$ when you have additional other programs to run!
I give you a hint.... its not the instos...
Ann: Race raises $29.7 million in oversubscribed SPP, page-283
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