I read it as they would allocate on a pro rata basis, this would ensure a fairer allocation.This would ensure someone that only owns 10000 shares and applied for the full $30000 would not get an advantage over someone that owns say 60000 shares or more and also applied for $30000. I imagine any scale back would then be on a pro rata basis taking into account the number of shares owned.
No mention of the record date to participate is confusing
Ann: Share Purchase Plan Offer, page-6
Add SMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
93.0¢ |
Change
0.005(0.54%) |
Mkt cap ! $223.7M | |||
| Open | High | Low | Value | Volume |
| 93.0¢ | 93.0¢ | 92.5¢ | $10.44K | 11.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9372 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.5¢ | 8922 | 3 |
View Market Depth
| Last trade - 11.23am 04/10/2024 (20 minute delay) ? |
| SMP (ASX) Chart |