SGQ 0.00% 3.3¢ st george mining limited

Ann: Share Purchase Plan Update, page-43

  1. 1,886 Posts.
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    Hi @docmin24

    Participating in the SPP isn't about you.... it's about supporting St George to fund the drillng programme.

    If you wanted a guaranteed number of shares, you needed to buy them at market, and look after your own interests.

    Your not in control of your own destiny taking part in a spp as there's never any guarantee of a set share allocation. JP said it a dozen times a scale back may occur.

    The scaleback is actually a good thing. It creates a huge market shortfall to hold and drive the shareprice in the future. This isn't a disadvantage it's a huge positive.

    All holders will be rewarded soon enough

    All the Best
    Tradealot

    .
 
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