Ann: Placement and Share Purchase Plan, page-199

I am expecting a severe SPP scale back. You get 1/3rd or less.

"the maximum number of Shares which can beissued under the Plan is limited by the ASX Listing Rules to a maximum of 75,738,641 Shares"
This is about $9.5M.
I think DRO is the type of company that will take all they can.

I estimate 60% of the 3,731 shareholders will apply with an average of $15K.
This means $33M has been sent to DRO for the SPP.

So applicants will get 30% of their application.

DRO might introduce some sort of sliding scale in the scale back - that seems a popular way lately.

https://www.marketindex.com.au/asx/dro

Shareholder Distribution

About the Data

	Holding Size	1 - 1,000	1,001 - 5,000	5,001 - 10,000	10,001 - 100,000	100,001 and over	Total Shareholders
No. of Shareholders	83	1,229	742	1,445	232	3,731