Is it normal to allocate on a pro-rata basis? Hazer just did a SPP, and closed it early once the max was reached. I missed out, as it turned out it was a first come first served, and the refunded the people who got in late. (at least that's what I think happened).
(As @trv mentions above, it did trade all the way down to 1% above the CR offer price)
And is there any indication that it will not just be a CR to sophisticated/institutional? I do want to pick up more, and if the offer is 6c (ish), seems like a real bargain after this acquisition!
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