Any scaling on the SPP will depend on the demand under the SPP. I cannot recall ever getting a full allocation under a SPP when I wanted to unless it was prior to SPPs increasing to up to 30k. I have avoided some SPPs for small exploration companies as I did not think it worthwhile, and for some of these I could have got not only a full allocation but extra due to low demand.
The SI scale back was less than average as I have only got 15 - 20% of request at times, and probably averages around 50%. However, PGF did increase the placement from $100M to $135M.
Cap raise time?, page-10
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Last
$2.29 |
Change
-0.050(2.14%) |
Mkt cap ! $938.1M | |||
| Open | High | Low | Value | Volume |
| $2.31 | $2.33 | $2.27 | $1.711M | 746.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32999 | $2.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.30 | 32483 | 2 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| PGF (ASX) Chart |