He may be a beneficiary as well as director of the corporate trustee but you're right about other beneficiaries being the lynchpin that allowed this allocation.
From the SPP booklet page 3:
If you are a Custodian holding shares on behalf of one or more beneficial holders, you may also apply to purchase up to $30,000 worth of Shares on behalf of each beneficial holder, subject to providing a Custodian Certificate with your Application Form and complying with the criteria set out in Clause 7.2 of the Terms and Conditions.
He may be a beneficiary as well as director of the corporate...
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Last
51.5¢ |
Change
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Mkt cap ! $69.08M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 15.46pm 03/05/2024 (20 minute delay) ? |
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Last
51.5¢ |
Change
-0.010 ( 1.90 %) |
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| Open | High | Low | Volume | ||
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| Last updated 12.28pm 03/05/2024 ? | |||||
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