ansbeer the below should answer your question, so if we see a fall in the markets we may get to see the 5% in play:
The price at which the shares are to be issued under the SPP will be calculated as the lower of: • $0.42; and • a 5% discount to the volume weighted average price of Industrea Shares over the last 5 trading days up to and including the closing date for the SPP on 9 October 2009. Therefore, the maximum price payable under the SPP will be $0.42 per share.
IDL Price at posting:
$1.31 Sentiment: LT Buy Disclosure: Held
