Well that raising has gone down like a lead balloon with me.
I only applied for $5,000 worth. I have been a shareholder since March 2021 at 10 cents.
So 88% of the smaller holders who applied are only getting around 53% while
the upper end of town that represents 6% of those applicants get all of theirs up to the $30k limit.
Call me a grumpy old b.. but that doesn't instill a great deal of loyalty or fuzzy feeling in me regarding this management.
If there's a chance I can get out of this with my initial investment intact I'll be out of here like flynn..
This is one reason why I don't like SPP's as opposed to pro-rata entitlements.
Not happy
Fletch
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