This has a pretty clear answer in the SPP; my emphasis added:
10. Oversubscriptions and Scale Back
The Company intends to raise up to a maximum of $30 million under the Offer. Applications received in excess of this amount will be scaled-back. If the Company scales back applications for Shares under the Offer, it will do so on a pro-rata basis to all participants in the Offer based on the number of Shares they have applied for under the Offer. If there is a scale back, you may receive less than the parcel of Shares for which you have applied. If a scale back produces a fractional number of Shares when applied to your parcel, the number of Shares you will be issued will be rounded down to the nearest whole number of Shares. Should a scale back occur, any excess application monies will be refunded to you without interest.
- Forums
- ASX - By Stock
- DYL
- How will the offer be allocated
How will the offer be allocated, page-2
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DYL (ASX) to my watchlist
|
|||||
Last
$1.34 |
Change
0.020(1.52%) |
Mkt cap ! $1.298B |
Open | High | Low | Value | Volume |
$1.34 | $1.36 | $1.33 | $5.055M | 3.770M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 94235 | $1.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.34 | 36354 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 16879 | 1.330 |
3 | 7079 | 1.325 |
3 | 14146 | 1.320 |
1 | 5879 | 1.315 |
1 | 5834 | 1.310 |
Price($) | Vol. | No. |
---|---|---|
1.345 | 25879 | 2 |
1.350 | 25879 | 2 |
1.355 | 13809 | 3 |
1.360 | 24767 | 2 |
1.365 | 4767 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
DYL (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online