EVN 0.99% $4.02 evolution mining limited

Ann: Placement Completion, page-49

  1. 683 Posts.
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    "oh my; you really think the max will be $3000 (10% of $30k)"

    In the NST SPP in early 2020, the size of one's holding must have been a factor in the size of the allocation .
    That SPP was well in-the-money (ie $9 versus about $12.50) so there would have been plenty of money stumped up.,
    I applied for $30k worth and was allocated 96% of that, but that was on the back of nearly 30,000 shares.

    The companies leave themselves a lot of discretion as to how they handle over-subscriptions.
    So, its anybody's guess how much money will be stumped up and what EVN will elect to do with it..
    The folk at EVN may not have even made up their minds yet.

    Cheers
 
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