I know you are not very market savvy, but it is quite simple !!
The stock must be purchased and registered in name of shareholder that has entitlement.
Therefore, technically you can lay out the money for someone who does not want to take up his entitlement and then that person would sell the stock to you off-market using the standard white transfer form.
You better make sure that you can trust the person or make sure you have the transfer form signed simultaneously.
If you don't have enough stock, you should buy the shares on market !! If you can see this stock moving to $1 not much difference if you buy stock at 10c or 14c. At least on market you can purchase a decent quantity not as compared to a lousy 50k through the SPP.
P.S. How much would you add for the trouble !!!
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4.8¢ |
Change
0.006(14.3%) |
Mkt cap ! $31.20M |
Open | High | Low | Value | Volume |
4.2¢ | 4.8¢ | 4.2¢ | $54.41K | 1.190M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 29735 | 4.6¢ |
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Price($) | Vol. | No. |
---|---|---|
4.9¢ | 52276 | 2 |
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No. | Vol. | Price($) |
---|---|---|
2 | 29735 | 0.046 |
1 | 22727 | 0.044 |
1 | 9268 | 0.043 |
4 | 184200 | 0.038 |
1 | 150000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 52276 | 2 |
0.050 | 244577 | 2 |
0.051 | 242349 | 1 |
0.052 | 39850 | 1 |
0.053 | 65550 | 2 |
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