Scale back will occur if the SPP is oversubscribed, but they don't say how the scale back will be structured. It seems like they won't have any trouble reaching the $7m, but they will keep your money until at least it closes and possibly longer and you may end up with way fewer shares than you wanted.
Ann: Share Purchase Plan Documentation, page-69
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Last
38.0¢ |
Change
0.005(1.33%) |
Mkt cap ! $87.44M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 39.0¢ | 36.5¢ | $59.64K | 158.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 243011 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 1490 | 2 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| HZR (ASX) Chart |