Hi. I am a new investor and this will be my very first SPP, so I had lots of questions before I came across this thread. Thanks to everyone sharing their knowledge.
Do I understand correctly that we would have to pay for the full amount of the shares we apply for on Monday, but that we would probably not get that amount of shares allocated? If this is correct then I would assume they would refund the balance of the money? How long will it take for this refund to happen? Or will I only have to pay for the shares after the allocation?
$.310 share purchase plan, page-103
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