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...
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $40.62M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.0¢ | $23.72K | 109.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8292 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 32392 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
21.0¢ |
Change
-0.005 ( 2.33 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 22.5¢ | 21.0¢ | 191533 | ||
| Last updated 14.12pm 06/06/2024 ? | |||||
| MTC (ASX) Chart |