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If he closes the offer within 1 - 2 days then how does that work...

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pilko3

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897

04/05/23

12:31

Post #: 67605264
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Originally posted by butcherano: ↑

”Cannacord and PAC taking up any shortfall”

Don’t hold me to this, but I like this strategy - I think Scott will close the SPP really quickly (within 1-2 days at the most) once he’s confident that shareholders have put in more than $5m but still under the $10m cap. This will ensure that if you apply straight away then you’ll get 100% of your application. Then he’ll fill the rest of the $10m with Cannacord and PAC. The only thing that could stuff this theory up is if we get > $10m come in on the first couple of days. But I think for the last SPP they got a bit under $4m on the first day for the initial $2m offering. So anyone getting in today or Monday at the latest could have a good chance of getting their full application IMO.

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If he closes the offer within 1 - 2 days then how does that work for holders who have had a delay in receiving their application forms...that doesn't work.

IVZ Price at posting: 11.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.3¢		Change 0.001(1.61%)		Mkt cap ! $95.53M

Open	High	Low	Value	Volume
6.1¢	6.5¢	6.1¢	$74.69K	1.193M

Buyers (Bids)

No.	Vol.	Price($)
4	242507	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	15000	1

View Market Depth

No.	Vol.	Price($)
4	242507	0.061
8	775451	0.060
6	330940	0.059
6	421058	0.058
2	333157	0.057

Price($)	Vol.	No.
0.065	15000	1
0.066	122878	3
0.067	44775	1
0.068	100000	3
0.070	31648	2

Last trade - 15.53pm 15/11/2024 (20 minute delay)

IVZ (ASX) Chart

If he closes the offer within 1 - 2 days then how does that work...

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If he closes the offer within 1 - 2 days then how does that work...

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