It's a unique scale back provision they've reserved, and I like it which will give the share price support.
"When determining the amount (if any) by which to scale back an SPP application, the Company may take into account a number of factors, including:
* size of an applicant's shareholding in the company;
* the extent to which an applicant has sold or bought additional shares in the company after the SPP record date;
* the date the application was made with earlier applications given precedence"
Rewarding LT shareholders for their patience.
I would personally add:
* tenure of shareholding = loyalty to Directors / management
* opt for (if any) .... (unless you think banks give gold companies love )
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It's a unique scale back provision they've reserved, and I like...
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Last
94.5¢ |
Change
0.025(2.72%) |
Mkt cap ! $1.045B |
Open | High | Low | Value | Volume |
93.0¢ | 94.5¢ | 91.0¢ | $6.182M | 6.695M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23789 | 92.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
94.5¢ | 79292 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 146477 | 0.920 |
1 | 23997 | 0.910 |
3 | 31311 | 0.900 |
1 | 3 | 0.895 |
2 | 5011 | 0.890 |
Price($) | Vol. | No. |
---|---|---|
0.945 | 43608 | 2 |
0.950 | 113421 | 4 |
0.955 | 10500 | 1 |
0.960 | 66042 | 5 |
0.965 | 8000 | 1 |
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