ST1 5.45% 5.8¢ spirit technology solutions ltd

Ann: Share Purchase Plan - Online Access Information, page-8

  1. 989 Posts.
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    Sol has indicated that there will need to be a scale back due to excess demand . He can do it by a number of ways . Another poster here earlier calculated that each shareholder maybe scaled back from what they own . Your entitlement was calculated at 1 share for every 11 shares you have . So that is how I calculated my holding against the possible dollar amounts from $5000.00 up . If you put in for $20,000 you maybe returned $15,000 due to scale back . I chose to do it this way and I am better off today by 1.5c from my purchase . If I waited til later to get my money back the share price maybe 50c . That is my decision . I must live with it now .
 
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