G88 4.76% 1.0¢ golden mile resources ltd

Ann: Share Purchase Plan Booklet, page-12

  1. MrQ
    5,148 Posts.
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    @JJM2019: Apologies if you know this already, but just for completeness.

    We should find out Friday 25 Sep the result of the SPP by a G88 announcement, so whether it is over or under subscribed. If over-subscribed, then we should know a rough idea at minimum of how G88 will scale back what $$$ people sent them. Look for a table in the announcement based upon your holding at the record date Mon 31 Aug and what your maximum entitlement will be on any scale back.

    Then Tues 29 Sep evening the shares you are entitled to are allocated to your Westpac account. Then you get to trade them bright and early Wed 30 Sep.

    If any refunds are due because of scale back, they don't happen immediately, but allow a sensible time for the refund back into the account you sent the $$$ from. Days usually for a refund, rather than weeks.

    Hope this helps!
 
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