SPP - How Many ?, page-42

LOL.

I have had a bit of a think about this as I DEFINITELY want my $15,000, but doubt I'll get it all.

I even went as far as to ask management and they seemed pretty fair and cognisant of shareholders concerns so I am confident we will get a reasonable outcome.

So too pro rata scale back or not!?

Firstly, should they accept more than the $15 million...NO. They should only take the amount asked....do I like that? No, but when you make a plan/announcement, stick too it!

So personally I think the fairest/best option would be to give the full allotment to the lower values i.e. $2,000 & $5,000 and/or scale back the rest to the closest even number that fills the quota. This amount may be $7,000 or $8,000 (hopefully more).

The reason I say this is because it;

1. Gives everyone roughly the same amount or ALL they asked for.
2. It would be good that small holders who scrape a few thousand together and buy some shares get the better end of the stick (for a change).
3. It could be argued that people who invest $1,000 or $2,000 which is possibly/probably their maximum (given the price is well above the SPP price), are as committed or even more so than those of us who want $15,000.
4. I feel small holders less likely to do a quick turnaround for a few pips.

BTW, anyone who sold a significant amount, say more than $8,000 post SPP announcement should be excluded.

Thoughts?