BLY 0.00% $2.91 boart longyear group ltd

Ann: 2009 First Half Results and Capital Raising , page-77

  1. 6 Posts.
    re: Ann: 2009 First Half Results and Capital ... hi all, i'm a learner.

    could anyone expain this SPP? is it Share Purchase Plan, which means the company buy back their shares from shareholders? why would so many ppl guess 27c? if the market price is 44c, who would sell at a price lower than that to the company?

    i'm totally confused...help!
 
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