You can APPLY to purchase that many, yes.In reality, it will be...

  1. 798 Posts.
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    You can APPLY to purchase that many, yes.

    In reality, it will be massively oversubscribed, and the amount you get allocated will depend on the size of your shareholding. I have a meagre $32k of shares, so I am expecting to only be allocated $1k in the SPP at most. However, I am still going to apply for much more than that in case they increase the scale to accept more oversubscription.

    PS: The booklet says scaling will be done based on the size of your shareholding, not the size of your application
    Last edited by Shadyjames: 27/08/24
 
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