I believe that is correct - it is pro rata on the amount applied for.
Irrespective of the scale back maths - I would like to take a very big pointed stick to the directors for again screwing the small guy over. Where is that elephant?
By the way - I am not aware of any reason why the instos got their fill (and then some) before the smaller holders - none.
This stuff happens time after time across the ASX. Not sure why it surprises me anymore? Worse - why I do I still bother to comment on being fleeced! I should be accustomed to it.
Instos continue to make super profits. The little guy ... well ... "sorry who are you and what are you doing here?"
#ankers.
AWE Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held