i dont beleive a larger retail offer would of been successful.
think about it,
IF AIO held a larger retail offer then it would of been more than likely that not every retail investor could of afforded to buy their entitlements, which would of forced AIO to use an underwriter. But if an underwriter was used than in theory they could of potentially ended up with a 'controling stake' as i am pretty convinced alot of retail investors at present are a bit shy of throwing money into the stockmarket atm.
Sorry guys but im still happy with the current situation atm, except for the extra share being offer to the CEO.
The reason why i beleive shareholders should vote NO to the further cap raising is if they raise the price per security to somthing higher than $1.10
AIO Price at posting:
$1.37 Sentiment: Buy Disclosure: Held
