Oh goody, off ignore again.
Please explain, your post was just a waffle of nothing. What is factually incorrect?
Whether the price is 5.2c or the 5 days average before close of offer, the 20% discount is barely 1 click. If you think the shareprice is going higher bfore closing of acceptances just buy the fpo, why bother with this poor attempt at rewarding shareholders, as you put it? And what if it turns out to be popular? As someone mentioned, with all the small shareholders on the register due to dilution of their shares over 10 years, if everyone applies, you'll get a whopping $750 worth of shares...lol...yep...looking after those shareholders alright. Saint AB and his HC sidekick, deserve Australian Person of the year nomination, if not the award.
For what its worth as I said in a previous post, I have no doubt that the PR machine will go into overdrive in between now and closing date of 25th Feb. Can't wait, should be exciting watching the ^#&* personally delivered by AB and his HC PR helper.
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