The recent POH SPP is probably a reasonable guide as to what we can expect.
POH were offering $3m. worth compared to ACL's $5m.
The discount to the share price was similar, although ACL has risen since.
POH received applications of over $14 mill. They gave those buying up to 1000 shares their full allocation. The others received 18.5% of the shares they were holding on the record date, up to a maximum of $10,000.
The recent POH SPP is probably a reasonable guide as to what we...
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