EXR 0.00% 14.0¢ elixir energy limited

Ann: Trading Halt, page-249

  1. 724 Posts.
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    This rule applicable to SPPs seems like it is definitely going to limit participation levels for longer term holders. Notwithstanding all the positive signs and outstanding forward outlook, I can’t understand why this SPP would be timed to fall just within the 12 month window of the last round:

    Limit of $30,000 per registered shareholder. The monetary threshold applies to the total amount of shares purchased under an SPP offer in any consecutive 12-month period.
 
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