Originally Posted by
Ogg
Send them another email asking if institutional investors have already used up (or been offered) their 20% over subscription entitlement as part of the institutional entitlement offer.
In other words, if there is a shortfall with the retail entitlement, will retail investors who elected to subscribe for an additional 20% effectively obtain the balance from other retail investors. Or will any short fall of the retail entitlement be allocated between both institutional and retail investors combined.
There is a difference, as there's only $38m available. Likely won't be many scraps left over.