It's not entirely clear this announcement. If you have say 1000 shares and applied for $30,000 worth of shares how many will you pick up in the SPP?
Surely the announcement could say for every 20 shares you have, you will receive 1 new share under the SPP if you applied over and above the $2,500... or whatever the pro-rata equates to.
The key question people have is not being answered.
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- Ann: NAB announces results of Share Purchase Plan Offer
It's not entirely clear this announcement. If you have say 1000...
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