My understanding is in ROE the entitlement is always smaller than the heads (1:4) which is slightly different to SPP. So if anyone would like to sell off/reduce their holdings they would have sold their heads by now. The remaining ROE allotment is minimum.
Oversubscription would never happened on ROE as it is based on 1:4 of your shares holding not more.
And any shortfall has been fully underwritten. Will they then dump the shares? Could be but it is only 15% on the total CR.
My understanding is in ROE the entitlement is always smaller...
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