Yes.... If only the shareholders with +10,000 shares or more participated, that's still 665 people who only get a $1,500 allocation each.
If only half these people participated , that's 332 people who would only get a $3,000 allocation each.
Let's halve that again saying only 165 people participated, that's still only a $6,000 allocation each.
You would be crazy to sell $30,000 worth of stock today at 27c to then only get back $6,000 worth in the SPP.
The SPP is actually super positive as it gives them another +6 months to get the best sale price possible with little dilution.
Yes.... If only the shareholders with +10,000 shares or more...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MTC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.06M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $46.78K | 204.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 28981 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MTC (ASX) Chart |