Fair enough. It's really the large shareholders who miss out in this SPP, since they will be diluted more than the small shareholders. I'm not sure why the directors (who would tend to be large shareholders themselves) chose to do it this way.
spp 44% over subscribed, page-25
Add MEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.287M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 10272389 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 24534 | 1 |
View Market Depth
| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
Day chart unavailable