Certainly if we were to dilute the register and run a 1:3 chance for the above, I would not be in favour of going ahead with WA.
This is not what the company means, but it is what they have written... so how is the market supposed to read it.
Kalmsg, in light of the lack of clarity from KEY to the market do you care to share your understanding of what the company means if different from what they have written?
Certainly if we were to dilute the register and run a 1:3 chance...
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