Zesto, these are my rough figures on the spp I posted in a previous thread hth.
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.
what are my chances? spp, page-8
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