Ann: Strong Shareholder Support for Share Purchase Plan, page-97

40.8% is a nice little top up at a discount for some

For others it’s a chance to shuffle holdings a little to either take a little profit or increase holding cir.10% relative to the raise price

At any rate we all got the chance to buy at 80c and sell at 90c. Keep holding and that might soon be $1.10 or better

same as the last raise, existing holders were able to profit from the process - a nice kicker for all as not many cap raises offer this opportunity directly before and after the raise

Hard to find a complaint with that scenario