Hi Systematic,
Yes, it was a smartarse comment. Then again, a company with $2.6m due before the $1m/month kicks in may not be able to tempt anything out of the market ...
To me, its underwritten or its over.
But on a positive note, if CCU did have it underwritten, I'd be tempted to participate in the top-up process, even if I wasn't offered the 20% discount.
GLTA.
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well done cba, page-46
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