Svy has 780 holders and 4.4m units caped on offer according to Ann, even it said when oversubcribed, Svy has right to accept or scale back, i dont think they can accommodate even 500k units more...
So only 100 holders out of 780 applidedb$15000 worth shares which is 44k units roughly will make up that 4.4m on offering, so if all holders apply $15000, it will oversub 7.8 times, given not everyone can apply $15000, if every holders apply, only 5900 units each for 780 holders to fit 4.4m units....(4.4m /780)
Also, from Spp Ann several days ago, Chris stated ckearly they will consider how many shares holders currently holding in order to decide how many to allocate, so it wont be the case someone posted here by saying " the holding size wont matter when you apply" in which it was not apply to SVY this time...
So dont hoping you hold 1000 units, you can apply $15000 units plus extra shares, so those who sold out will try hard to talk down and spliting rubbish, i have put that q guy in ignore, he certainly wanna cheap so he working hard recently i assume beccause i put him on ignore, but he might miss out the final shake this morning at 36c and sp should up north when big boys start push SVY given 20m units needs out so huge liquidility needed and Assay resukts for hole 16 really should availabe so i am thinking it coukd get hold by waiting 3B.....
Tomorrow should be big day for SVY and q guys might miss out the big run while wondering why he miss out by waiting at where he used to think...
SVY Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
