SP3,, good theory.
Understanding that the primary requirements re cap raise is to move the Co fwd, any entity that participates in the shortfall would be doing just that no matter how you roll it and fold it, then roll it again.
I tend to think the Tincom anns re renegotiating, would have come before the prospectus if there was a high probability,,, or at least a different prospectus offering a different underwriting ratio including Tincom.
Good theory though.
If Tincom had have been underwriters, the queue would have taken on a totally different dynamic during the cap raise.
If Tincom had have signed off on a confidential agreement based on shortfall uptake,, I would have bet,,,no matter how thick the walls are in board rooms, ( or thin as the case may be in that building),,, there wouldn't have been any shortfall
Good theory. Any idea what Kos thinks of it ? Or is he too busy cruising St Kilda in the leased chick magnet, trying to impress ''Salvation Jane ''
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any views on how the cap raising will go?, page-67
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