Yup, exactly. It'll be gobbled up fast.
I would have thought it would have been % based e.g shareholders are entitled to purchase up to +50% of their current held units as of record date 'x'. For example, if you owned 1000 shares, you are entitled to purchase a further 500 via the SPP at 0.09.
I've only been involved in a few SPPs, but this is the first which doesn't have that 'condition'.
Yup, exactly. It'll be gobbled up fast.I would have thought it...
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Last
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $8.683M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $46.16K | 2.563M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 300940 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 447666 | 3 |
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| Last trade - 11.37am 04/10/2024 (20 minute delay) ? |
| TRI (ASX) Chart |