Most likely that if you sold your holdings to fund the SPP you get scaled back, if you think about it the people who did this contributed to the price being pushed below the SPP.
So they should be scaled back.
(b) close the SPP early and scale back Applications. When determining the amount (if any) by which to scale
back an Application, the Company may take into account a number of factors, including the size of an
applicant’s shareholding, the extent to which Eligible Shareholders have sold or bought additional Shares
after the Record Date and the date an Application was made. Eligible Shareholders are therefore
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- Ann: Share Purchase Plan results
Ann: Share Purchase Plan results, page-62
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28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $71.35M |
Open | High | Low | Value | Volume |
28.0¢ | 28.0¢ | 28.0¢ | $7.319K | 26.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 31669 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 24761 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 31669 | 0.275 |
8 | 112438 | 0.270 |
3 | 115642 | 0.265 |
14 | 354696 | 0.260 |
4 | 41284 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 24761 | 1 |
0.285 | 3075 | 1 |
0.290 | 25250 | 1 |
0.295 | 25618 | 3 |
0.300 | 101850 | 2 |
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