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Ann: Intention to launch Share Purchase Plan, page-36

  1. 2,947 Posts.
    lightbulb Created with Sketch. 479
    This debate is getting confusing
    The way I read it - What seems to be "cast in stone" is the maximum amount of shares issued in the SPP which is 40Mil which equates to $2m - please correct me if my take on this is wrong.

    "The Proposed issue is:
    Total number of +securities proposed to be issued for an offer of securities under a securities purchase plan
    ASX +security code +Security description
    Maximum Number of +securities to be issued ANP ORDINARY FULLY PAID 40,000,000 +Record date 19/7/2023 Offer closing date 16/8/2023 +Issue date 21/8/2023"


    Not a lot of shares to go around if everyone applies for their quota!??

    Cheers
    .
 
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