Any scaling on the SPP will depend on the demand under the SPP. I cannot recall ever getting a full allocation under a SPP when I wanted to unless it was prior to SPPs increasing to up to 30k. I have avoided some SPPs for small exploration companies as I did not think it worthwhile, and for some of these I could have got not only a full allocation but extra due to low demand.
The SI scale back was less than average as I have only got 15 - 20% of request at times, and probably averages around 50%. However, PGF did increase the placement from $100M to $135M.
Cap raise time?, page-10
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Last
$2.20 |
Change
-0.020(0.90%) |
Mkt cap ! $1.052B | |||
| Open | High | Low | Value | Volume |
| $2.23 | $2.23 | $2.19 | $875.9K | 396.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25568 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.22 | 37827 | 4 |
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| PGF (ASX) Chart |