ADV 3.57% 13.5¢ ardiden ltd

Ann: SPP Offer Closed, page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 69 Posts.
    lightbulb Created with Sketch. 44
    This is great but what does "The Board will endeavour to accommodate as many of the more than 150 Ardiden shareholders who applied in the SPP allocation process" mean? This infers that some of us who applied will not get any.
    I would have thought an over allocation would then give all a proportional allocation on the amount we bid for.
    Have I misunderstood this announcement?
 
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