I would like to commend FML management for pulling off THE GREATEST SPP I have seen in my lifetime! First-in-best-dressed, should now be a precedent in ALL FUTURE SPP for ALL COMPANIES.
This is why:
1. It rewards the most PASSIONATE investors. Passionate investors constantly source information from anywhere and watch the stocks they own like a hawk. Thanks to the passionate people on HotCopper for pointing out that Computershare published the SPP early - big tick for PASSION!
2. Fairness insnt equal anyway. If this SPP was allocated pro-rata to how many shares you own, then management and bigger shareholders who aren?t "really" investors like you and me will get more of the pie and for why? - big tick for FAIRNESS!
3. It rewards AGILE investors. Using BPay is a more efficient way of transferring funds. It saves time and money (cheques cost money to write and process). The people that were AGILE enough, got the prize - big tick for AGILITY!
All SPP should now operate this way.
GO FML - GO YOU GOOD THING.
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greatest spp ever! viva fml management!
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 89570 | 14.0¢ |
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Price($) | Vol. | No. |
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16.0¢ | 27089 | 3 |
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No. | Vol. | Price($) |
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6 | 89570 | 0.140 |
3 | 45552 | 0.135 |
5 | 145286 | 0.130 |
2 | 25576 | 0.125 |
3 | 92833 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 27089 | 3 |
0.165 | 15616 | 3 |
0.170 | 142230 | 5 |
0.175 | 11067 | 2 |
0.180 | 7548 | 1 |
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