ALC 2.78% 7.0¢ alcidion group limited

Ann: Share Purchase Plan Offer Documents, page-55

  1. 1,681 Posts.
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    I am a little bit confused to be honest. The chance of getting all of the requested $30000 is pretty small isn’t it? Why risk selling and hoping to get all your share back? Current price is only about 10% of 32c
    I know people circumstances are different, but if you need to sell some holding to get your $30000, quite likely you will be a smaller investor to begin with...? Very likely they allocate your portion based on shareholding? By selling now, you are not helping your case, are you?
 
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