Top-up fundraiser, page-154

Institutions own ~60% of the register (TT canconfirm the numbers).
Institutions generally invest for profit, notthe emotion nor apathy which litters this message board.
TK has confirmed to other posters that he has major shareholder support forthe Scheme.

RAP shares averaged ~20m turnover prior to March.

311,675,304 have traded since 1 April on theASX (I don't have CXA volumes).
I'm speculating that >90% of the buying is for the arbitrage.

Check out OVH's history. A major shareholder (Thorney) with 19.99% holding was notsuccessful in a campaign against the IRE scheme despite mailing shareholderswith their vision.

The No votes already cast will be concerning the two companies. Whether it isenough for them to pivot to an asset sale remains to be seen.

I'll happily admit if I am subsequently wrongbut I don't see RAP making it to 2023 as a stand alone company.