WSA 0.00% $3.86 western areas limited

Ann: Successful Completion of Share Purchase Plan, page-12

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  1. 5,248 Posts.
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    Instos were able to selldown shares maybe . I did not sell shares during or after SPP announcement, but sold down due to the large drop earlier this year . It was alarming .

    But anyone who sold down will have been scaled back on their allocation .
    How it is , final allocation was on number of shares held , but disappointing if you paid them the money early & will receive fewer shares , maybe a lot fewer as in my case- and have to wait weeks to get refunded money back .
    I think it’s a poor system for retail shareholders .
 
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