Just read the announcement.
Aim to raise $20M by SPP to retail investors (that is us)
Capped at $15K per retail investor
Can be scaled back at APT's discretion
.... so .... $20M divide by $15K = 1,333 (only)
Now there surely must be more that 1300 retail investors so my guess is it will definitely be scaled back unless price drops to ~ $17 when it becomes marginal.
Suspect there may be a good buying opportunity ahead but DYOR.
- Forums
- ASX - By Stock
- APT
- $50
$50, page-192
-
- There are more pages in this discussion • 325 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares