First time poster here. Can fully understand why CR needed to be issued at reasonable discount to SP. However singularly unimpressed by late trading halt on Thursday, SP performance in period prior to CR announcement and SPP price being above placement.
Board should have been aware of listing rules and so to go with 33/7 placement/SPP split and 1.27/1.31 pricing is in my view wholly unjustified and extremely unfair to existing Shareholders.
As a significant and very long term shareholder I will be registering my disapproval by voting against all current director and remuneration resolutions at the agm.
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