There you go a full SPP update just hit the ASX. It is what it...

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DrDante

564 Posts.

19/01/18

17:47

Post #: 30425251
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Originally posted by DrDante ↑

I have been through 50+ SPP over the years. To give THC credit they have updated shareholders more than most companies would have during a SPP but I note it has caused some confusion. I know it's a first SPP for a lot of you and I was anxious myself many years ago. The best thing to do is cool your jets and wait until the week post 25/1 where your shares will appear in your nominated account. If yours arrive a day or two later than others don't stress it happens with different brokers. Any refund amount due to a scale back will be returned to your nominated account too. I don't know the timing on this but say 1-2 weeks to be safe.

The general business update was delivered earlier this week and I wouldn't expect anything else. The Sky News interview was good, you have an upcoming AGM / EGM and a potential other announcement on the 3rd licence. That's a lot of updates as the Nov / Dec period also had a few. Just my 2 cents and decades ago I had your same tenacity but once you see enough of these SPP's they are all pretty similar and best to chill out and see what you get. It is what it is both value and timing wise.

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There you go a full SPP update just hit the ASX. It is what it is. No point whinging if you got scaled back. No point asking what if I BPay or other admin issues your funds are with the company and you will be allotted whatever amount due to their method. Looking forward to putting the SPP behind us and focussing the discussion on the THC business / MM market.

My quick calculation is 80%+ scale back for funds received post 5th Jan on the $472,500 amount so on that day alone they received $2.4m+ of funds. What an amazing sign for THC share demand and support.

THC Price at posting: 91.0¢ Sentiment: Buy Disclosure: Held
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