Please excuse my ignorance but i'm trying to work out if my numbers are correct:
In regards to the SPP @ $1.56 which is going to close on the 14th August (or close to it), if you are on the register by the open date (16th July "i think") you can apply for up to $30k's worth of shares ?
So if by the 14th August you apply and you get your full allotment which is 19,230 shares (and the closing price is close to where we are now @ $2.03) you can then sell those shares and make a profit of 47c x 19,230 = $9k ?? Surely If this is correct, wouldn't Zip be oversubscribed ??
Thanks
Ann: 4Q24 Appendix 4C Quarterly Cash Flow Report, page-97
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