No that's not true. A company can facilitate as many SPPs as it wants as long as it limits shareholder's subscription to a max of 30K in a 12 month period. If a shareholder had already gained 30K from a prior SPP within a 12 month timeframe then they would be ineligible to participate in the next one, but that would not prevent other retail holders from participating up to 30K or a pro rata portion if a prior amount had been allocated in a prior SPP. Tim may have mentioned this as IXR may not want to do more than 1 every 12 months to reduce the need of checking thresholds to make sure they're not exceeding the 30K, but it's not a market restriction in itself preventing companies from facilitating more than 1.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.21M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.6¢ | $55.45K | 9.199M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 8589531 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 9870045 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 8589531 | 0.006 |
51 | 28284167 | 0.005 |
11 | 8055029 | 0.004 |
12 | 15552332 | 0.003 |
9 | 15900001 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 9870045 | 25 |
0.008 | 8517362 | 15 |
0.009 | 5118178 | 13 |
0.010 | 11013892 | 17 |
0.011 | 4389693 | 4 |
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