Instos were able to selldown shares maybe . I did not sell shares during or after SPP announcement, but sold down due to the large drop earlier this year . It was alarming .
But anyone who sold down will have been scaled back on their allocation .
How it is , final allocation was on number of shares held , but disappointing if you paid them the money early & will receive fewer shares , maybe a lot fewer as in my case- and have to wait weeks to get refunded money back .
I think it’s a poor system for retail shareholders .
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