APX 3.68% 98.5¢ appen limited

Ann: Share Purchase Plan Offer Booklet, page-39

  1. 3,558 Posts.
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    Applied and paid for the SPP.

    Say there are 4000 eligible retail holders.

    Say 3000 are active investors and take a keen interest. Say 50% of these people have $15k to throw at it and actually decide to, and the other 50% have $5k to throw at it and actually decide to.

    (1500 x $15000) + (1500 x $5000) = $30m wrestling for $5m.

    Looks like a 6:1 scaleback.

    For those who put in $15000, an allotment of $2500 is most likely if nothing changes.

    But here's hoping they do see how oversubbed this was, and double the amount available to $10m. Then we at least get a decent sized allocation!
 
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