I think if market price keep going at around 1.7/1.8 c or more, towards SPP closing date (15/02) This SPP will be more than likely over subscribed. The reason is company only offer $500k , so if we got 17 applications with $30k, $500k limit will be filled.($30kx17=$510k) so imo a scale back on application money is very possible. Of course, it price back to 1.2/13c around closing date, it might be a different story, will watch closely with interest.
Ann: Share Purchase Plan, page-51
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.75M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.8¢ | $124.1K | 6.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3584198 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 8880980 | 11 |
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| Last trade - 15.07pm 28/10/2024 (20 minute delay) ? |
| MKG (ASX) Chart |