So, a minimum amount we can get is $2500 ... but need to send in $5k to get that:
13. Calculation of the number of shares, rounding and scale back
Bannerman reserves the right to scale back applications if the total amount subscribed for under the SPP exceeds A$7.5 million, which is the maximum amount which will be raised under the SPP.
The aggregate amount by which applications are to be scaled back (Excess) will be allocated between subscribers under the SPP at the absolute discretion of the Board which intends to follow the following principles:
• Eligible Shareholders who subscribe for A$5,000 or above will be scaled back first to not less than A$2,500; and
• if Excess remains, the balance will be allocated among all subscribers.
If your application is scaled back, the balance of your application moneys will be returned without interest at the time of sending a holding statement to you for your new shares.
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