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
99.5¢ |
Change
0.025(2.58%) |
Mkt cap ! $1.095B |
Open | High | Low | Value | Volume |
98.0¢ | $1.01 | 98.0¢ | $3.955M | 3.980M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 57671 | 99.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
99.5¢ | 52326 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 55823 | 0.990 |
19 | 87744 | 0.985 |
12 | 80636 | 0.980 |
12 | 255774 | 0.975 |
7 | 158492 | 0.970 |
Price($) | Vol. | No. |
---|---|---|
0.995 | 56971 | 7 |
1.000 | 222491 | 15 |
1.005 | 238737 | 13 |
1.010 | 372663 | 12 |
1.015 | 25800 | 3 |
Last trade - 13.07pm 11/07/2024 (20 minute delay) ? |
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