I agree - what a mess.
Email says 20% discount to VWAP, offer landing page says 0.65c which is stated as an 18% discount to VWAP.
Email says it's a discount to VWAP "at closure of SPP offer", landing page says " to the date of this announcement" (and no date is on the page, which is sloppy).
I do like the bundling of options with the SPP, though:
"Shareholders will also receive 1 free attaching option with an exercise price of $0.012 (1.2c) and an expiry of 3 years from the date of issue, for every 2 shares subscribed for."
But... if this communication around the SPP is any indication of their attention to detail, oversight process and care factor then I think I'll pass until they demonstrate some professionalism.
I agree - what a mess.Email says 20% discount to VWAP, offer...
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