I agree oscar, I hate SPPs, too many "freeloaders". I was actually hoping for an insto placement PLUS a rights issue. But only a few rights eg 1:10+, no way I could afford too many rights as I have too many shares. Nice problem to have though and probably a common "problem" with early holders.
Can't complain about this though - the share price is holding up, good to have a new cornerstone investor and the whole process probably raised the profile of the company with some bigger players when it may have been under their radars previously. It's all good.
AVB Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held