I presume this is where a 2.5% discount to the VWAP of shares for the preceeding 5 days comes in?
I'm reasonably new to this but would that mean that they work out the average SP of the 5 days leading up to the SPP then apply a 2.5% discount to this amount which becomes the price you pay? (presuming the figure is less than 56c)
In other words is it true to say that you can't be burnt buying extra shares via the SPP versus the normal route?
Ann: FDV Share Purchase Plan, page-3
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Last
38.0¢ |
Change
0.005(1.33%) |
Mkt cap ! $162.5M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 38.0¢ | $16.04K | 42.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100500 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 3650 | 2 |
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| Last trade - 10.32am 27/09/2024 (20 minute delay) ? |
| FDV (ASX) Chart |