SEA sundance energy australia limited

post spp churn, page-14

  1. 6,389 Posts.
    "Good luck with your 1 share Sushi. Unless there is a poor take up you won;t get any. The spp will be regulated and many will miss out."

    Sure, I'll get some. The placement is based on being a shareholder and not how many you own.

    With the share price above the SPP it will be scaled back - by how much won't be known until all forms are in.

    So those that request the $15,000 parcel won't get their full request and be scaled back the most.

    Those that request the $5000 amount will likely get the largest % of the shares that they request - simple math.


 
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