I think that for the 'optics' that it would have been seen negatively if there was no UK demand for the retail offering. Those that participated have taken one for the team ;)
RE: Greatland Gold to become Greatland Resources after ASX raise16 Jun 2025 17:00
I don't think that means you'll have received your full subscription - just that the funds are reserved. I've had this happen before and the difference was returned once the allocation was known.
Got a bit of a surprise when I checked my II account, spotted the 17.28 close and my P/F was down..... the amounts that I put down for the retail offer have been 'reserved' as 'GREATLAND RES RETAIL OFFER SUBSCRIPTION'