re: Ann: Sojitz Facilities, Placement and Sha...
Matty,
yes, the maximum price you will have to pay is 2.07, even if the share price is $2.50
Although in this scenario, they will get many applications, and you might only get (say) $1500 worth of shares, and the rest of your monies refunded.
If the price falls below 2.07, then the price will reduce accordingly to the 5% discount as you suggest (and there will be less scaleback, due to less applications)
To some extent you can't really lose, although it is only a max of $5k worth, so a 5% gain on $15k is only $250, so it is not huge.
re: Ann: Sojitz Facilities, Placement and Sha... Matty,yes, the...
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