yes.
they thought getting in at a discount and now it turns out it was a massive premium.
in the short term at least it would have been better if the shortfall was larger and Bizzell, as underwriter, got a lot more stock. at least then it would be in righted hands.
all this means is there is a wall of stock at 4c now and likely a bit of stock around when it's traceable in the 19th.
shocked to see so many people sticking their fingers in the dyke in this turd
Ann: Results of Retail Entitlement Offer, page-3
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