RE: A simple fantasist29 Apr 2026 15:53
ASIs point is valid
“ I still find it difficult to reconcile the fact that the institutions reportedly made contact with the company, rather than the company pitching to the institutions, yet the company still felt the need to provide a discount. “
To add to this irritation it is clear that most of the “firm institutions” shares are being immediately flipped into any strength “bucket shop” style
The whole thing casts doubt on the company’s stated reason for this huge dilution at this point in time