ALR 0.00% 0.3¢ altair minerals limited

Ann: CHK SPP Closes early and heavily oversubscribed, page-17

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  1. 1,456 Posts.
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    Current share on issue = 1.035b
    Proposed issue of new shares = 310.5m

    % new share allocation = 30%

    Disregarding the limits of $30,000 per shareholder for simplicity, most shareholders should be "entitled" to get around 30% of their existing shareholdings at record date. This means if you are holding 1m share, then most likely you will receive about 300k shares if you subscribe to this amount or more.
 
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