Applicants have been allotted (@$1.15) the lower of: - the value...

Applicants have been allotted (@$1.15) the lower of:
- the value of securities they applied for in the SPP; or
- 70% of the number of securities they held on the Record Date, subject to each applicant receiving a minimum allocation of 435 securities ($500.25) and a maximum
allocation of 13,043 securities ($14,999.45).

So you had to hold >18,600 shares to get the 13,000 shares ($15,000 worth).

I presume I received 700 shares, but comsec doesn't seem to be updated.

Sigh ... works out at about $70 profit after brokerage and accounting for the recent drift in the share price. About the same as the lost interest on $15000!

J.



J.