ASM australian strategic materials limited

Ann: Extension to SPP Closing Date, page-9

  1. 2,411 Posts.
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    Correct.

    Original close date 18Nov, then extended to 23 Nov, now extended to 30Nov. Most people will review/apply online and send via online banking transfer (who uses cheques these days). Have seen it before, these extensions mean they dont have the intial takeup they were expecting and A. they would like the full SPP $$ and B. Its not a good look for SPP to be undersubscribed. AIMHO.

    PS: Having said, that I havent received paper docs either, which is strange considering SPP was announced 2 Nov, even snail mail gets to holders in 2 weeks. Were they not prepared and ready to send out docs straight away on the 2nd?
    Last edited by Watchfulbull: 16/11/22
 
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