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Ann: Placement Completion Announcement , page-17

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 22,016 Posts.
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    Dobs, they had 7,403 shareholders as at 30 June and I wouldn't have thought that it would have got any less since then.
    So, there will be a lot of competition for those SPP shares at that juicy price. And with only 469 million shares on issue, IF they stick to staying under the 15% Rule, there will only be around 25 million shares left after having already issued 45 million under the Placement.
    Sounds very much like a first come first served rush to me with a very likely oversubscription and a lot missing out on that full $15,000 "entitlement".
    But, the Board might go for more and we won't know that for a few more days.
 
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