Hello boughtearly,
Usually i read and agree with your posts but on this occasion i feel i must correct you because your guesstimate that potentially 60 million shares could be added in the SPP causing a blow out.? After checking with Ardea, I should advise readers here that the above scenario is not possible potentially or otherwise.
The SPP is restricted to ONLY 30% of the 67 million shares and that restriction limits the SPP to ONLY 20 million shares maximum.
A maximum of ONLY 20 million SPP shares can and will be issued.
I trust that clears up any speculation.
Ann: Share Purchase Plan, page-61
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