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
$1.64 |
Change
-0.015(0.91%) |
Mkt cap ! $1.589B | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.74 | $1.62 | $8.591M | 5.173M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 84309 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 4399 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$1.64 |
Change
-0.015 ( 1.31 %) |
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| Open | High | Low | Volume | ||
| $1.72 | $1.73 | $1.62 | 1288724 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| DYL (ASX) Chart |