I think they are trying to maintain the value of your holding. so if 15% of the company has been issued then to maintain your 15% they will give you 15% of your holding @ $9.80 a share. So let's say you have 10,000 shares, they will give you 1,500 shares. 1,500 @ $9.80 is $14,700 but could be wrong.
Ann: Announcement of completion of SPP, page-7
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Last
$6.86 |
Change
0.010(0.15%) |
Mkt cap ! $4.733B | |||
| Open | High | Low | Value | Volume |
| $6.84 | $6.91 | $6.84 | $6.599M | 959.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5009 | $6.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.87 | 4047 | 2 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| LLC (ASX) Chart |