Does anyone know if there there will be any guidance as to the level of take up of the IPO and SPP? when?
I have 150K options which I will be exercising. If its poorly subscribed I will get all 150k (at 10c from the SPP) and the 150k (20c from the poko) my average will be 15c which seems pretty good. If the SPP is scaled back/oversubscribed and I get say 50k I'll have a cost basis of over 18c however That should make a significant demand on the shares on opening to drive above my cost base.
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- Ann: Shareholder letter - Share Purchase Plan
Ann: Shareholder letter - Share Purchase Plan, page-121
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