SUV 0.00% 6.2¢ suvo strategic minerals limited

Ann: Placement Supports Pittong Ramp Up & Geopolymer Concrete, page-36

  1. 4,803 Posts.
    lightbulb Created with Sketch. 2239
    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 .
 
watchlist Created with Sketch. Add SUV (ASX) to my watchlist
(20min delay)
Last
6.2¢
Change
0.000(0.00%)
Mkt cap ! $60.00M
Open High Low Value Volume
6.0¢ 6.2¢ 6.0¢ $201.2K 3.306M

Buyers (Bids)

No. Vol. Price($)
2 150000 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 350296 2
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
SUV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.