Don’t think so, its definitely will be oversubscribed, however I can’t see them allowing more than $10million. The SPP was meant to give back something to loyal long term holders. Meaning it’s will depends on when you subscribed (first come first serve) and the number of holdings you currently holds. There are also others criteria's such as, did you sell your current holding to purchase your spp, but it’s not as important as the two I have mentioned above. It’s doesn’t take a rocket scientist to realise that if you subscribe NOW when SP is at 12.5c with a SPP @ 7.5c, you will automatically make a 66% profit. I don’t think they are that stupid mate. Playing the share market is like running a business, need a bit of logical thinking. Dreaming is great, but dream without reasoning is just a dream. But anyway good luck, I subscribed my on the first day it opened.
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Mkt cap ! $349.9M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 6 | 0.037 |
1 | 150000 | 0.036 |
10 | 2048299 | 0.035 |
19 | 6233341 | 0.034 |
Price($) | Vol. | No. |
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0.033 | 200165 | 3 |
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0.035 | 3939372 | 13 |
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