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$14.22 northern star resources ltd

Got only a lousy 135 shares, page-11

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fairtrader

222 Posts.

15

04/02/20

13:01

Post #: 42736366
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Originally posted by Downanout: ↑

"Did you expect more on that poultry holding???..."Yeh right, of course.
With a poultry holding, as opposed to a paltry holding, you only get chicken feed.

Sorry I couldn't resist

It looks like they set an upper limit of 3198 shares, which is what I received.
At least one other who has posted here also reported receiving that same number.
(In my case, that represented 10.8326% of my prior holding).

If others with smaller holding got exactly 13.5%, then that suggests that the magic cut-over number was 23,689 shares.
My guess is that if you held more shares than that, then you got 3198 shares in the SPP, provided you had subscribed the necessary cash.
With smaller prior holdings, you got 13.5% of your holding (subject to having subscribed enough cash).
This is only my surmise based on incomplete evidence.
They could have used a formula that produced a graduated cut-over.

Enough already on the #$#@& SPP.

Cheers

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I think you are spot on about 13.5% of holding pro rata entitlement if you have smallish shareholdings .
Did the rough calculations and its roughly what I got.

NST Price at posting: $13.11 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last $14.22		Change -0.080(0.56%)		Mkt cap ! $16.34B

Open	High	Low	Value	Volume
$14.05	$14.37	$14.02	$39.60M	2.782M

Buyers (Bids)

No.	Vol.	Price($)
3	13583	$14.21

Sellers (Offers)

Price($)	Vol.	No.
$14.23	24299	2

View Market Depth

No.	Vol.	Price($)
2	12818	14.210
4	25840	14.200
2	21182	14.190
3	45756	14.180
1	9082	14.170

Price($)	Vol.	No.
14.240	8366	1
14.260	19619	3
14.280	12198	1
14.310	1573	4
14.320	11717	1

Last trade - 16.10pm 22/07/2024 (20 minute delay)

NST (ASX) Chart