If $102.3mil in applications were received, and the company is taking $35mil, That’s 34%
an average application of $18,900 is equal to 1,512 shares. We are told the average shares allocated will be 515, or $6,437 worth. This is also 34%
So, I guess it’s a 34% scale back?
Ann: Completion of Share Purchase Plan, page-8
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