You're right - this calculation doesn't work.
Your placement is scaled back depending on how much you hold relative to the cut-off they mentioned.
We know that the top 1% of those applied got the full amount. Given 0.7% of holders (47) own 100,000 shares or more, I would suggest the 'cut-off' would be around 70,000 shares or so at a guess.
From there, it'd be a proportion of your shares relative to that amount. If you had 35,000 shares, I'm guessing you get 50% of the allowable maximum. Something like that.
Ann: DDR successfully completes $15 million Share Purchase Plan, page-16
-
- There are more pages in this discussion • 86 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DDR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.22 |
Change
-0.160(1.54%) |
Mkt cap ! $1.843B | |||
| Open | High | Low | Value | Volume |
| $10.38 | $10.43 | $10.20 | $2.407M | 233.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 812 | $10.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.30 | 4790 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DDR (ASX) Chart |