My Guestimate is if POS take over subscription from Mum & Dad up to the tune of 80 Million shares all together, POS is within ASIC guidelines of 10% Capital rules ( correct me if I am wrong)
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In brief 1 : 13 rules may get relaxed down to 1:10 or 1:7 rule based on how many shares on hold. That's why they put a minimum subscription of $2000 and maximum subscription of $30,000. People (mum & dad) holding 500,000 or ore more shares are probably less than 100 is numbers.
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(My guestimate) very good chance of one getting $2000 worth shares at 11 cents for small holders and 1: 10 or 1: 13 large holders (any one holding 500,000 share or higher).
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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No. | Vol. | Price($) |
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69 | 44442141 | 0.003 |
30 | 57996387 | 0.002 |
10 | 61332753 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
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0.005 | 9672564 | 18 |
0.006 | 8819028 | 12 |
0.007 | 27389357 | 14 |
0.008 | 5500000 | 2 |
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