AKK 0.00% 0.3¢ austin exploration limited

Ann: Installation of Gas Processing Plant Ahead o, page-11

  1. 151 Posts.
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    re: Ann: Installation of Gas Processing Plant... Just to be clear when a SPP is over subscribed it is not a first come first serve basis. For example if the SPP gets oversubscribed by double, then all subscriptions would be reduced by 50%. Whether you subscribed on May 18th or June 2nd right before cut off it doesn't matter. Everyone gets cut, for example someone going for the full allocation of $15,000 will only get $7500 worth of shares and a refund of the other $7500. For those who have sold out to get in at the 1c SPP, don't be shocked if you don't get anywhere near the subscription you applied for. In saying all that you never know may it won't get over subscribed and all will be fine for those that have chosen that strategy.

    Just sensing a bit off confusion from some on here regarding the SPP.
 
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