I think it works like this:
If, for example, you own 5,000 shares then this holding constitutes 0.0031111% of shares on issue (160,714,369 as per the figures provided by jb206 above). This is your pro-rata rate. As a proportion of new shares being issued (15,000,000) you're entitled to, pro-rata, a maximum of 467. If you applied for $2,000 (302 new shares) you will get 302 new shares. If you applied for $30,000 (4528 new shares) you will get your pro-rata maximum entitlement of 467 new shares.
Ann: DDR successfully completes $15 million Share Purchase Plan, page-43
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Last
$8.87 |
Change
-0.030(0.34%) |
Mkt cap ! $1.606B | |||
| Open | High | Low | Value | Volume |
| $8.85 | $8.87 | $8.78 | $206.1K | 23.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 450 | $8.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.88 | 239 | 5 |
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| Last trade - 10.14am 09/09/2024 (20 minute delay) ? |
| DDR (ASX) Chart |