Thanks, I finally got my booklet today and can confirm the smaller holders will be somehow advantaged against the larger holders.
See attachment and highlighted section in yellow:
I only have 500 shares in SPT, imagine I end up getting my full allocation or even 50% of the $30000 when someone have 50000 shares only gets 10%!
I will be applying for the SPP if by 11/9/2020 SPT’s share price is still above $1.50
So really there is no need for me to apply the SPP now as I have plenty of time
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- Ann: Share Purchase Plan Offer Booklet
Ann: Share Purchase Plan Offer Booklet, page-117
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