"the full amount of the shortfall may be placed at the discretion of the Board subject to compliance with all necessary legal requirements."
There is an opportunity for whoever is lined up for a shortfall placement to suppress retail interest and maximise the shortfall placement.
If you can get what you want on market cheaper, go for it. But likely someone is lining up for as much shortfall of the $500k retail SPP as possible.
Ann: Share Purchase Plan Offer Booklet, page-4
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
