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.
-
- There are more pages in this discussion • 6,575 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $63.20M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $145.5K | 12.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4930184 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 8157196 | 13 |
View Market Depth
| Last trade - 15.58pm 27/06/2025 (20 minute delay) ? |
| IXR (ASX) Chart |