The price per share under the Placement is fixed at $4.55 (“Placement Price”)
The SPP price will be $4.475 (equal to the Placement Price less $0.0751
They did, copied above.
One concern I have is that the price about mid January rose without explanation from a bit over $4 in Mid January extremely quickly (possibly as Nab were buying but now have sold)
What is a fair price? $4.90 is too high IMO so the dilution discount is less the Last price
