from page 6 -
(b) This parcel may be subject to a scaleback and rounding. The SPP will be capped at a total amount raised of A$4 million (before costs). TNG reserves absolute discretion regarding the amount raised under the SPP and exercise of its right to accept additional funds or to scaleback applications.
So they could accept more money if it's oversubscribed then?
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- Ann: TNG Announces Share Purchase Plan and Options Offer
Ann: TNG Announces Share Purchase Plan and Options Offer, page-88
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