Agree COCO!
Was expected to be oversubscribed and quickly too.
I paid a margin over 60 cents for some more on market but gained certainty and the number I desired.
Only surprise is the "cut-back" approach.
Thought only the early applications were to receive allotment of shares and the rest would be too late for any.
Not a big deal for those who missed out as people can build on whatever is allocated at slightly higher price.
The company may have been wiser to not issue any shares in this manner.
Now they will receive criticism and negatives.
Expect share price to be relatively stable for about three months.
Profit takers will move in with each improvement in share price and company has released adequate information about progress and expectations so announcements affecting share price are likely to be minimal.
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