Think of it from the buyer's side. If I ant some MPO shares I can either:
a. stump up 24c now for a FPO , or;
b. stump up 13c now for an oppie and another 10c next week.
I know which I'd rather - end result in one weeks time is that either option will have given you 1 FPO but option B cost less and has more favourable cashflow
Cheers
Zinc
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