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johnnywinsagain

36 Posts.

30/08/18

15:10

Post #: 35298785
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Originally posted by casajack ↑

I believe there are around 25000 retail investors - agree that chances are will be scaled back., however disagree that most will take up full entitlement. At a guess, might be 1 for 1, 1 for 2 etc & while there is all sorts of excitement, I think a significant portion of small holders won't have the $15K to stump up, let alone be entitled. Just a few thoughts. IE those who bought 1000 for $10 - may not be willing to stump up $15000, those who bout 1000 for $5, even less so. Expect newer holders to top up, longer term holders may just hang on to gains.

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Share purchase plan is not a rights, you can take up to $15k (pre scale back) even if you hold a small amount of shares

APT Price at posting: $17.90 Sentiment: Buy Disclosure: Held
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