Spot on "Boregy"
But I would add to that and include people who can work out how to read details of the SPP allocation circumstances as specified by the announcement.
For those "banging on" about how , why and when...., perhaps it would help to read this part of the announcement.
The SPP is targeted to raise A$15 million and is not underwritten. Core may increase or decrease the size of the SPP and /or scale back applications under the SPP at it's discretion. Any scale-back will be applied to the extent and in the manner, Core sees fit, which may include taking into account a number of factors such as the size of an applicants shareholding at the record date for the SPP,
(I like this next bit which indicates they may look after long term holders in front of the "pip flippers" of late)
the extent to which the applicant has sold or purchased shares since the record date, whether the holder has multiple registered holdings, the date on which the application was made, and the total applications received by eligible shareholders.
.........................................................................
Hopefully the board will consider long term shareholders and reward them with some preference for their loyalty....,
I have applied for the maximum and would be wrapped to get them but will be happy with whatever they allocate, as I believe each one will be worth over a dollar very soon.
.............
NT.
.
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