STX 9.52% 23.0¢ strike energy limited

Ann: Share Purchase Plan Opens, page-49

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  1. 1,658 Posts.
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    If you have the flexibility and financial resources, you go for the maximum and wait for the scale back. I've been involved in a few SPPs and initially went for a lower number and the scale back was pro rata and based on SPP shares applied for. So then I decided for each SPP to go the whole hog of $30,000- and wait. No guarantees tho what the approach will be.

    Just on todays trades, the parcel of 3,018 shares being sold has occurred numerous times so far (16 times). A bit weird.
 
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