As always, Directors can scale back applicants for the proposed $20 million SPP, but they can also decide to accept any additional raised funds.
Inevitably with SPPs there's a large percentage of smaller holders who don't take up the offer. Some may not have the funds, and not wish to apply, while others may simply forget about the offer or not understand it.
Some companies in the end accept any extra monies raised over and above the projected figure and don't scale back minnow retail holders.
A minority of companies look after retail shareholders with complementary SPPs to placements, so SDF deserves praise.
As always, Directors can scale back applicants for the proposed...
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Last
$5.89 |
Change
-0.020(0.34%) |
Mkt cap ! $6.532B | |||
| Open | High | Low | Value | Volume |
| $5.87 | $5.91 | $5.86 | $1.592M | 270.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 15105 | $5.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.89 | 3985 | 16 |
View Market Depth
| Last trade - 11.20am 30/07/2025 (20 minute delay) ? |
| SDF (ASX) Chart |