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0.99% $2.05 appen limited

Ann: Appen to Acquire Leapforce & Launch Capital Raising, page-13

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  1. gosouth
    3,054 Posts.
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    29/11/17
    13:27
    Post #: 29215361
    APX will wait to see how much cash is sent to them for the SPP.
    Then scale it back to the stated maximum $5M.
    If for example $10M was sent, then every applicant would be scaled back 50%.
    If some shareholders put in a smaller amount of cash they might be allocated a minimum allocation.
    Your existing size of shareholding makes no difference.
    That's my understanding.

    Very high chance of a material scale back with this one.

    Gosouth
    APX Price at posting: $5.83 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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