Ann: WCN Raises A$14.4m at an Average 29% Premium to Market Close, page-46

there are phases,
Pre issue
- those sophs that participated, who can flip if they are already holding, while waiting for replacement scrip,
- others, those who bet on the normal pull back to cr levels, and bet on the pull back to re acquire cheaper
Post issue
- the actual flood of shares when they hit.

Treat it no different to any other CR placement.

Watch for 23 May,. and market expectations in anticipation of, and what follows.
Markets normally need a little time to settle to make sure the clouds have cleared, following this date, unless there is a compelling reason to storm the trenches.