”Cannacord and PAC taking up any shortfall”
Don’t hold me to this, but I like this strategy - I think Scott will close the SPP really quickly (within 1-2 days at the most) once he’s confident that shareholders have put in more than $5m but still under the $10m cap. This will ensure that if you apply straight away then you’ll get 100% of your application. Then he’ll fill the rest of the $10m with Cannacord and PAC. The only thing that could stuff this theory up is if we get > $10m come in on the first couple of days. But I think for the last SPP they got a bit under $4m on the first day for the initial $2m offering. So anyone getting in today or Monday at the latest could have a good chance of getting their full application IMO.
Ann: Share Purchase Plan Offer, page-75
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Last
6.2¢ |
Change
-0.001(1.59%) |
Mkt cap ! $95.53M | |||
| Open | High | Low | Value | Volume |
| 6.3¢ | 6.3¢ | 6.2¢ | $18.83K | 299.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 513116 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 133834 | 2 |
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| Last trade - 10.51am 12/11/2024 (20 minute delay) ? |
| IVZ (ASX) Chart |