Looks like every man, woman and their dog are applying for the SPP. Wouldn’t be surprised if families have pooled together money to chuck it on. $150m+ take up is my expectation (1/4 of holders). You also have to remember the top shareholders are nominees eg JP Morgan, under that there would be a fair few underlying owners who could take up the SPP.
APT Price at posting:
$33.02 Sentiment: Buy Disclosure: Held
