AXE 5.56% 25.5¢ archer materials limited

Ann: Share Purchase Plan results, page-16

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  1. 1,686 Posts.
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    I hate to disappoint you hinklestab but on previous SSP's it has been reduced/scaled back by a set percentage across the board... so if you applied for the full $30K (based on the the company stating they have applications for $25M to be scaled back to $10M) would mean you would only receive $12K (divide your application by 2.5 would give you the approx. figure)....
    Having said that... That is what has happened previously so i doubt it would change but you never know...

    What this also means is AXE the company will be returning a total of $15M in funds back to shareholders who missed... so hopefully these $$$ will find there way in to AXE on market...wink.png
 
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