No anger from me..just stating the facts ahead of announcement. There's a few morons here who don't understand the distinct difference between a 'Placement' & retail S.P.P.. Placements are for insto's & they just completed a Placement. Further education for the unenlightened.
They announced they'll scale back on same methodology as Placement so that's what should be followed through with. Only a halfwit would believe that insto's were scaled back to 14% of their holding as usually insto's participating in 'Placements' have zero holding before the Placement..and before a little sniper attacks that comment i'm not saying all insto's in these Placements have zero skin in the game..just a sizeable proportion of them. ASX is a 'Game of Mates' in high places.
I know there's 1 born every minute who'll have their head in the sand..c'est la vie
Ann: Share Purchase Plan Offer Closes Oversubscribed, page-78
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