That is excellent question, do we get a fractional of our ask, e.g. if I ask for $30K, will we get let's say 25% = $7.5K or will it just be $5K max no matter if you asked for $6K or $30K.
Maybe they will say everyone gets the first $1k then % of your ask.
Don't know. The only other SPP I have participated in I got 125% of my ask as retail didnt take up the full offering. Working out OK for me however.
News: ZIP Zip Co Says Completed Fully Underwritten Placement Raising Of A$217 Mln, page-15
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