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Ann: Share Purchase Plan Closing Date Extended, page-586

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  1. bat35y
    536 Posts.
    lightbulb Created with Sketch. 361
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    21/09/23
    12:46
    Post #: 69956603
    I think its worth noting that the original ask was $60m, 30+30.

    They achieved an oversubscription on insto portion, raising $35m. Which is funny to note in context of current SP doldrums.

    So if the SPP manages $25m, they've achieved 100% of their initial ask. Though I would assume they will accept up to the full $30m now after the extension.
    IMU Price at posting: 5.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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