"SPP will provide those shareholders on the share register as at 5:00 pm Perth time on 24 November 2017"
Given settlements occur on a T+2 basis you were not on the register on the parcel bought and sold in the same day and only on the register at 5:00PM on Monday 27th November for the second parcel. Based on that the inshort answer is "no".
At any rate I wouldnt be too concerned as the SPP scale-back is expected to be aggressive. So not sure that I would be selling to take SPP based on (but it is creating an excellent buying op though that will be short lived I suspect). Just do the numbers:
936 shareholders, and
$1.24m available
Thus if everyone applies you would receive $1,324.78 out of $15,000 + have $15k capital tied up for a few weeks. If you apply for a lesser amount you would get at up to 92% less as well. I have been burying on market at these levels, as have others who missed the placement. At a guess SPP 'arbitragers' will be buying back for a lot more.
Cheers,
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Mkt cap ! $213.7M |
Open | High | Low | Value | Volume |
9.7¢ | 9.7¢ | 9.0¢ | $585.1K | 6.324M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 281440 | 9.2¢ |
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Price($) | Vol. | No. |
---|---|---|
9.3¢ | 29618 | 3 |
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2 | 281440 | 0.092 |
3 | 64978 | 0.091 |
24 | 1463892 | 0.090 |
3 | 201006 | 0.089 |
8 | 526545 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.093 | 29618 | 3 |
0.094 | 50000 | 1 |
0.095 | 108695 | 1 |
0.097 | 4000 | 1 |
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