AXE 1.52% 33.5¢ archer materials limited

re: Ann: Share Purchase Plan Allotment and Re... Shady, I think...

  1. D59
    1,338 Posts.
    re: Ann: Share Purchase Plan Allotment and Re... Shady, I think you have misread this.

    Firstly the company advised shareholders on a few occasions that the SPP could be closed early if it was oversubscribed.

    Secondly, they accepted all applications that were posted/wired before the announcement of closure. They only closed the offer a few days early, so investors had plenty of time to get on board. Perfectly ethical behaviour IMO.

 
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