wait until you get your refund. The oversubscriptions is not yet a fait accompli but by the sound of things holding an unmarketable portion is barely a loyal shareholder - just a lazy one.
And I think it's harsh casting dispersions when you're the one that had the chance to buy extra rights at 0.001 and didn't. That's the way the cookie crumbles.
A renouncable rights issue is the fairest way to raise capital for retail and sophs and insto's alike. Why should you get extra cheap shares when you hold a pittance? People with an unmarketable holding are a drag on the company due to the registry costs.
"if oversubscribed...scale back all applications in the same proportions.", page-19
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