Hi guys,
Is anyone else now very concerned that they'll get scaled down on their SPP application because of the placement being completed??
It definitely doesn't seem fair that shareholders should be scaled down in the SPP when a placement to non-shareholders has just been announced. (According to the company the placement participants will also receive their shares (and options!!) before SPP applicants).
I've spoken to someone at the company to voice my concern but couldn't get a straight answer from them as to whether there will be any scale back in the SPP...
I recommend anyone else who is going to apply in the SPP also calls the company to encourage them to not scale back applications!
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