PEN peninsula energy limited

Ann: A$10m SPP Closes Substantially Oversubscribed, page-104

  1. 8 Posts.
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    Well the $850 cut off is grossly unfair to very small holders who bought their shares in good faith. I am one such very small holder. I bought $100 worth in good faith four months ago at 12.5c. Someone who was lucky enough to invest the same $100 a few weeks later at ~11.75c (851 shares!) could get the same allocation as someone who has 10 million shares... whereas for want of 51 shares am entitled to absolutely nothing at all.
 
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