You can APPLY to purchase that many, yes.
In reality, it will be massively oversubscribed, and the amount you get allocated will depend on the size of your shareholding. I have a meagre $32k of shares, so I am expecting to only be allocated $1k in the SPP at most. However, I am still going to apply for much more than that in case they increase the scale to accept more oversubscription.
PS: The booklet says scaling will be done based on the size of your shareholding, not the size of your application
Ann: Share Purchase Plan - Letter to Shareholders and SPP Booklet, page-3
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Last
98.5¢ |
Change
0.030(3.14%) |
Mkt cap ! $585.0M | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 99.5¢ | 93.5¢ | $7.308M | 7.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 80074 | 98.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 134498 | 3 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| SRG (ASX) Chart |