FEG is trying to be fair to its many shareholders who couldn't participate in the s708 placement.
I think it's perfectly reasonable for them to make this SPP offer, especially as they are about to launch very important drilling programs and a resource definition.
It will dampen share price activity during the offer period, but it will raise important additional capital and give all shareholders somewhat equal footing.
Ann: Share Purchase Plan - Offer Terms and Conditions, page-3
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.17M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.0¢ | $91.59K | 486.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99871 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 123915 | 2 |
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| Last trade - 15.32pm 10/10/2024 (20 minute delay) ? |
| FEG (ASX) Chart |