Of course, it will be scaled back substantially with the share price around $2.00 more than the SPP price, everyone will want some.
This time last year, MP1 completed a SPP at $4.00 per share, shares were trading around $5.50 or so when the SPP was open; maximum allocations was $15K worth. Applicants were scaled back to 788 shares each or just over $3K.
Based on that, and as the maximum on this SPP is $30K I would expect this SPP to be scaled back to between 750-1,000 shares or $5K-$10K worth.
It's possible with the current market gyrations there may be less money flowing in, but I would be very surprised if retail applicants got more than half - or $15K worth.
- Forums
- ASX - By Stock
- Ann: SPP Offer Booklet
Of course, it will be scaled back substantially with the share...
-
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MP1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.36 |
Change
0.020(0.27%) |
Mkt cap ! $1.178B |
Open | High | Low | Value | Volume |
$7.36 | $7.43 | $7.29 | $3.543M | 481.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 157 | $7.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.38 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 683 | 7.340 |
1 | 315 | 7.330 |
2 | 1050 | 7.290 |
5 | 3142 | 7.280 |
3 | 3900 | 7.270 |
Price($) | Vol. | No. |
---|---|---|
7.380 | 2000 | 1 |
7.410 | 4120 | 1 |
7.420 | 4000 | 1 |
7.430 | 4677 | 2 |
7.460 | 68 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
MP1 (ASX) Chart |