CSL 0.19% $311.70 csl limited

Ann: Share Purchase Plan, page-16

  1. 150 Posts.
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    Why are people implying the spp issue price is a 5% discount?
    I read the issue price to be either $273 or a 2% discount to the 5 day vwap if the share price falls.
    Is that right?
    I agree with heavy scaleback sentiment. I also suspect csl will give all spp applicants a minimum allocation of 10 during the scaleback regardless of the number they held at record date.
    Just my thoughts.
 
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