You're right - this calculation doesn't work.
Your placement is scaled back depending on how much you hold relative to the cut-off they mentioned.
We know that the top 1% of those applied got the full amount. Given 0.7% of holders (47) own 100,000 shares or more, I would suggest the 'cut-off' would be around 70,000 shares or so at a guess.
From there, it'd be a proportion of your shares relative to that amount. If you had 35,000 shares, I'm guessing you get 50% of the allowable maximum. Something like that.
Ann: DDR successfully completes $15 million Share Purchase Plan, page-16
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Last
$8.70 |
Change
0.040(0.46%) |
Mkt cap ! $1.572B | |||
| Open | High | Low | Value | Volume |
| $8.60 | $8.77 | $8.60 | $1.899M | 218.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1173 | $8.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.73 | 406 | 2 |
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| Last trade - 16.11pm 30/07/2025 (20 minute delay) ? |
| DDR (ASX) Chart |