Australia's largest stock trading and investment forum Australia's #1 stock forum

SXY

Click for more information

0.00%

$4.60 senex energy limited

5:1 Buyers to sellers ratio, page-37

First 37 Last

Share
Profile

Follow
freespins

1,206 Posts.

59

14/02/17

16:52

Post #: 22607258
Share

Originally posted by jakspara ↑

Page 6 of the SPP booklet......

"If the SPP is cancelled or Senex issues a lesser number of
New Shares than a Shareholder has applied for (including
under any scale back), application money received from the
Shareholders not applied in subscribing for New Shares
will be returned to the applying Shareholder, without interest,
by way of direct credit to their nominated account (as recorded
with Senex’s share registry) or cheque sent to their registered
address. Any interest received on application money may be
retained by Senex whether or not New Shares are issued
under the SPP"

P.S. it is astounding the lack of understanding from such a large number of SH's. Let me guess, they're the ones selling atm to fund their 15k of new shares.....IMO this will be heavily oversubscribed and you will be lucky to get 5k, so don't be surprised if you get your fingers burnt. Have been involved in plenty of oversubscribed SPP's......it happens.

Once again the SPP price is the lesser of 31.5c or the 5 day VWAP.......SIMPLES.

Expand

SXY Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

LRD

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

ASX Market Open: ASX to rise on back of Trump Trade fever | 7 Nov 2024

Bitcoin jumps 8% to beat record on Trump vote optimism

There are more pages in this discussion • 17 more messages in this thread...

First 37 Last

Add SXY (ASX) to my watchlist