The Share Purchase Plan will not exceed 30% of the issued capital of the company which fully subscribed would raise $2.86 Million.
A lot of people seem to think that they can wait until 15 January to decide - how do you know it won't be fully subscribed by the end of next week?
Over-subscriptions will not be accepted. So in essence there are a few ways to look at this, you wait and watch the share price to go up before subscribing in the hope that it is not already over-subscribed or you buy now with the surety that you are in no matter what happens to the share price.
Remember, if the share price rises all of a sudden you can rest assured that the SPP allotments will be taken up in a flash.
The Share Purchase Plan will not exceed 30% of the issued...
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