Forgot I’d already looked at this (repost from the Annual Report thread). So pre placement there are ~93m SOI. If you assume the Dutchies (who we know participated in the placement) and KMP/board don’t participate in the SPP that means there is potentially 48m worth of stock (93m SOI - ~45m held by shareholders above) bidding for 1.6m SPP shares = 3.3 FPOs per 100 (or 3.3%) if all other existing shareholders bid and are allocated pro rata to their shareholding...unless my maths is off.
Glad I’ve been buying on market...going to be very little to go around!
WOA Price at posting:
97.0¢ Sentiment: Buy Disclosure: Held
