I don't think that if you hold more shares you get a bigger allocation in a SPP .
They are not a proportional type raising .Even if you hold a small parcel you can apply for $30000.
In my experience if they have over subscription they cut back all subscriptions in the same proportion .
So if they get subscriptions for $2 million and they want the SPP to raise $1 million those that subscribed for 30k get 15k and those that subscribed for 5k get 2.5k .
That said these raises always have a clause that says that how the allocations are done is at the complete discretion of the directors , no argument .
There is often a period after a capital raise when the SP falls back near or even under the raise price , that occurs very often but certainly not always .
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Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 350000 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 100125 | 1 |
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No. | Vol. | Price($) |
---|---|---|
2 | 350000 | 0.044 |
1 | 100000 | 0.043 |
1 | 100000 | 0.041 |
2 | 550000 | 0.040 |
1 | 100000 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 100125 | 1 |
0.050 | 50000 | 1 |
0.051 | 296178 | 1 |
0.052 | 240979 | 2 |
0.053 | 300000 | 2 |
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