For those share holders who are having a winge about the...

For those share holders who are having a winge about the proposed insto raising ... stop complianing!

You will not be diluted as you will be entitled to an additional SPP, most likley each retail investor will be entitled to buy $15k worth of shares @ $1.1

A renounceable offer similar to RIO's would not work. Many retail/insto's who do not have additional cash to take up the offer will sell their rights causing short term downward persure to the SP - may breach covenants & have the shorters all over the stock.

AIO shareholders should be happy that the company wasnt sold off at a distressed price.


Thats why i beleive shareholders should Vote yes to the second insto raising.