ACB 0.00% 6.8¢ a-cap energy limited

Ann: Share Purchase Plan Closed , page-3

  1. 413 Posts.
    lightbulb Created with Sketch. 22
    Given that they said they would scale back the shares, by my calcs that's likely to mean:

    1. 35,174 gets scaled back to 24,235 shares
    2. 25,000 to 17,225;
    3. 15,000 to 10,335; and
    4. 5,000 to 3,445.

    Although they may do it a different way e.g. everyone gets at least 5,000 shares. But not too bad a result, given that the maximum potential applications could have been over $30 million (compared to the actual $8,708,345).

    I'm now divided between whether shareholders will sell them or top up on rising optimism about the company.
 
watchlist Created with Sketch. Add ACB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.