Wasn’t the r/s option put to bed 2 years ago? The company hasn’t asked the shareholders to renew the approval for a r/s. Therefore I assume it is safe to say that without “new” shareholder approval (unlikely to happen) on an AGM or AGSM, this isn’t even possible for the company to do a r/s.
I never had a good feeling about Wainright, and it doesn’t get any better.
But we should stay focused on the companies official releases and AGM notes which do not suggest anything like that. The company officially stated they were happy with the exchange and would like to grow organically.