Hi missinglink, it said in the SPP details up to 30% issued...

Hi missinglink, it said in the SPP details up to 30% issued capital.

9. Raising Amount, Scale Back and Early Closure
The maximum number of New Shares that may be issued pursuant to this Offer is 30% of the listed Shares currently on issue. The Company, however, reserves sole and absolute discretion regarding the final amount raised under the Plan.

In the event of an oversubscription by the Closing Date the Directors may, in their absolute discretion, scale back applications. When determining the amount (if any) by which to scale back an SPP application, the Company may take into account a number of factors, including but not limited to:

. The total application funds received;
. The amount applied for by each Eligible Shareholder;
. The trading activity of the Eligible Shareholder since the Record Date and whether the Eligible Shareholder remains on the register at the Closing Date; and
. The date the Company received the completed Application Form.

Directors reserve the right to close the Offer early following receipt of valid applications amounting to the maximum amount allowable under the applicable law in subscriptions pursuant to the Offer. If the Company rejects or scales back an application or purported application, the Company will promptly return to the shareholder the relevant application monies, without interest.