SMP 0.54% 93.0¢ smartpay holdings limited

Ann: Share Purchase Plan Offer, page-10

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  1. 660 Posts.
    lightbulb Created with Sketch. 246
    I didn't get that on first read, I must've read over that too quickly

    Yeah mate, it wasn't announced as being scaled back like that, but another share did an SPP a while ago and said that if oversubscribed they would consider increasing it beyond the original amount. It ended up being oversubscribed in a week so they released an ann and said that everyone that had applied to that date would get their full allocation, anyone after that would be scaled back.
    Sorry mate, I reread your question and realised I didn't answer your actual question - definitely confusing about the cutoff date, but I think Trickiricki's got it right!
 
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