RZI 2.70% 38.0¢ raiz invest limited

Ann: Raiz Invest Limited - Share Purchase Plan (SPP), page-10

  1. 113 Posts.
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    The company's already got what they need from the institutional investors (the placement was oversubscribed.) I don't think they need anymore - the SPP is done just so that retail investors have the opportunity to buy shares at placement price, lest they whinge about being unfairly diluted by the intstos...
 
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