SYA 5.88% 3.6¢ sayona mining limited

I have a question regarding scale back - I'm about to apply...

  1. 283 Posts.
    lightbulb Created with Sketch. 100
    I have a question regarding scale back - I'm about to apply for shares under the SPP, which i know will be massively oversubscribed given our shareholder numbers, the tiny overall $5 mill limit and the $30,000 individual application limit.

    I know that the company can apply it's own criteria at its absolute discretion to scale back - size of holding, how late the app is etc - but does anyone have an idea of how to go about ending up with what you want if less than the MAX.

    ie : do I ..... apply for the max and see it scaled back from 30k to 2/3k, OR

    : do I apply for 2/3k worth initially and hope to get all I ask for, given it's a much smaller number.

    Not keen to apply for 30k, get it, and be eating beans for a year.
 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
(20min delay)
Last
3.6¢
Change
0.002(5.88%)
Mkt cap ! $349.9M
Open High Low Value Volume
3.4¢ 3.6¢ 3.4¢ $727.5K 20.84M

Buyers (Bids)

No. Vol. Price($)
22 4756947 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 15396704 68
View Market Depth
Last trade - 12.26pm 14/11/2024 (20 minute delay) ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.