spp documents, page-23

I use BPAY too, you can wait till the last day and see where the sp is for one plus it's easy. I intend to apply for option D and buy whatever the shortfall is on the market, at this stage. I am still of the opinion that they will increase the offer if it's over subscribed. They have left it open and I can't see why they wouldn't take more money now if it's there for the taking and can further enhance their financial position in to the future.

The big question is if it is scaled back how will it be done? Will it be pro rata or divided equally?

I figure if around 4000 holders apply for the spp and 1000 apply for each of the (4) offers if they do cap it at A$10 million and scale it back pro rata:

Offer A get roughly 480 shares or $408.00 worth each
Offer B get roughly 1920 shares or $1632.00 worth each
Offer C get roughly 3840 shares or $3264.00 worth each
Offer D get roughly 5647 shares or $4800.00 worth each

Using the same scenario and dividing the A$10 million equally:

Offer A get exactly 1500 shares or $1275 worth each
Offer B, C, D get 3421 shares each or $2908 worth each

If they do increase the offer, due to over subscription, by say double then double the figures.