Just show me a company ATM who would say not to cash.
I bet they will take everything investors are prepared to throw at them.'
Because under SPP rules you are only allowed to issue 15%. Under certain circumstances that is 30%. If they wanted to raise more than that then they should have done a rights issue instead and attained shareholder approval.
That's why the SPP will be over-subscribed and you wont get your $15K.
AEV Price at posting:
61.3¢ Sentiment: None Disclosure: Held
