I'm expecting applications for $60M at least.
That is what my guess is based on;
- the metrics of the 2020 SPP for $20M ($35M with $15M oversubscriptions accepted )
- increased number of shareholders (20%)
- increased % of eligible shareholders ( in 2020 my shares were held by UBS nominees, AustralianSuper memberdirect) and I was not eligible to take part in the SPP. This time I am eligible and have applied for the max.
Hopefully they will accept an extra $20M of oversubscriptions. $30 in total.
Below is from the 2020 announcementGLTA
SPP, page-29
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