re: Ann: Papillon Completes A$52.9 Million Pl... MinM it simply indicates instos are in the mix as there were only a select few they recieved an allocation with the rest missing out.
ASX permits 1/10 XT (SI) and midpoint for insto clients. Look it up on their website.
I see this as a smart portfolio play over coming months
Ann: Papillon Completes A$52.9 Million Placement , page-4
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