GGP 0.00% 0.6¢ golden gate petroleum ltd

sell off begins, page-19

  1. 44 Posts.
    Kevin,

    The recent ann stated that
    "Golden Gate Petroleum Ltd (ASX:GGP) announces today that its Share Purchase Plan (SPP) has closed with
    strong demand from security holders. Applications totalling approximately $9.5 million were received from
    approximately 1,286 eligible shareholders. As a result, Golden Gate will raise the maximum $6.5 million
    under the SPP, and all applications will be scaled back with applicants receiving 68.5% of their application
    amount."

    I think you will find that's what you have received. The balance of the cash should be refunded to you.
 
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