ARL 0.00% 41.0¢ ardea resources limited

Ann: Share Purchase Plan, page-30

  1. 43 Posts.
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    The announcement is a bit vague. Who is considered to be eligible shareholders? And is there a ratio between the number of shares held and the number of shares that can be purchased for example 3 to 1. It sounds like anyone can have choice to purchase $15000 worth of shares even if they hold just $200 worth of existing shares. I guess they will provide more documents relating to the detail of the SPP.
 
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