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.
This has a pretty clear answer in the SPP; my emphasis added:10....
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Last
$1.56 |
Change
0.003(0.16%) |
Mkt cap ! $1.507B | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.59 | $1.55 | $3.800M | 2.427M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 27494 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 34962 | 22 |
View Market Depth
| Last trade - 14.37pm 03/05/2024 (20 minute delay) ? |
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Last
$1.56 |
Change
0.003 ( 0.73 %) |
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| Open | High | Low | Volume | ||
| $1.59 | $1.59 | $1.55 | 1098266 | ||
| Last updated 14.56pm 03/05/2024 ? | |||||
| DYL (ASX) Chart |