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06/03/18
12:29
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Originally posted by WoodySpoon
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Wasn't it 1 for every 16 you hold max?
Big woop. And the SP will retreat to there anyway. This really is poor. The story is compelling, if the instos weren't prepared to pay at least retail should've been told to come back when they were. It's not like we couldn't wait a month or two.
A CR executed this poorly I remember come remuneration report time... the good news over the next 12 months should make for a very big rerate but they've just handed over 20% for penuts. That's not good management any way you look at it.
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I didn’t notice the 1 for 16 qualification on the RI on my initial skim read. What a friggin joke. Obviously pitched at mitigating the impact of the dilution for the big end of town