AOE 0.00% $4.68 arrow energy limited

spp, page-7

  1. 6,669 Posts.
    re: spp - wasnt it a rights issue? rights issue means for every X amount of shares...ull be given Y amount of shares at a cheaper price!

    SPP means u just need to have 1 share (regardless how much u hold).. to take up a share purchase plan!

    In THIS case of AOE....for every 7 shares u have...ull get 1 at 36c

    If it were a SPP, it would be 1 share would entitle u upto up $5,000 (this offer isnt in the AOE announcment)

    So... we could see a RUN UP now on AOE....coz the more shares u hold..the more of a entitlement (free shares) ull get to the discounted share at 36c

    Last trade: 47.5
 
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