Thanks for this wonderful information you have provided.
I do have a query that you or other HC members may be able to answer regarding a Share Purchase Plan (SPP) to eligible share holders.
When parcel's of shares which are rank equally with existing fully paid ordinary shares are on offer under the SPP of a company and the offer is oversubscribed and the company are required to scale back the applications, is there any set criteria the company must follow when conducting the scale back.
I did hear from another HC member that it may be a "first in best dressed" scenario.
