It's a unique scale back provision they've reserved, and I like it which will give the share price support.
"When determining the amount (if any) by which to scale back an SPP application, the Company may take into account a number of factors, including:
* size of an applicant's shareholding in the company;
* the extent to which an applicant has sold or bought additional shares in the company after the SPP record date;
* the date the application was made with earlier applications given precedence"
Rewarding LT shareholders for their patience.
I would personally add:
* tenure of shareholding = loyalty to Directors / management
* opt for (if any) .... (unless you think banks give gold companies love )
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Last
$1.22 |
Change
-0.150(11.0%) |
Mkt cap ! $1.350B |
Open | High | Low | Value | Volume |
$1.33 | $1.35 | $1.22 | $10.05M | 7.955M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 31824 | $1.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.25 | 85586 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 31824 | 1.220 |
1 | 100000 | 1.215 |
8 | 175352 | 1.210 |
1 | 25586 | 1.205 |
11 | 67003 | 1.200 |
Price($) | Vol. | No. |
---|---|---|
1.250 | 85586 | 2 |
1.255 | 25586 | 1 |
1.260 | 75586 | 2 |
1.265 | 25586 | 1 |
1.270 | 62500 | 3 |
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