A broker mate told me there was strong demand in the insto take-up, many were scaled back and were told to contact the underwriters for the retail short fall.
Now with the price looking up, they are probably working out that the shortfall isn't going to be as big as what they thought it might be. Hence they are on-market now.
P
SPR Price at posting:
61.0¢ Sentiment: None Disclosure: Held
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