The SPP price is fixed at $3.50. Excerpt from the ASX release 7 Sept: "The SPP provides Eligible Shareholders with an opportunity to apply for up to $30,000 in New Shares irrespective of the number of Shares they currently own. New Shares purchased under the SPP will be at $3.50 per New Share (Issue Price), which is the same price as under the Entitlement Offer and the Placement."
IFL Price at posting:
$3.09 Sentiment: None Disclosure: Held
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