share purchase plan

Dear All,
For those who partticipated in the SPP, just be aware that the stocks will list today...
Issue price is $3.95
Last trade $4.27.. approx $400 profit (or 8% play) for those who applied for 1250 shares , max amount.

Regards
INSIDER

PS. Snake13, as for the upcoming divi in 2 weeks, am I wrong or is the divi only paid on the initial SPP investment ie.the inital $500 (120 shares approx) and not the whole 1250 shares?

Thus, the dividend will be about $15 coz it does not take into consideration the shares allocated under the SPP?

PPS. The stock has a valuation of $5 in the next 8-12 mths for those considering a longer term play