NCM newcrest mining limited
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NCM SPP clause - what does it mean

  1. Pomodoro
    5,211 Posts.
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    16/05/20
    11:42
    Post #: 44654610
    New SPP shares are being offered at the issue price being the lower of:

    1) 26.50 and
    2) 2% discount to the volume weighed average price during the 5 days up to 27 may

    So if the share price is $30, 30, 31, 32, 33 on or about 27th what would be the issue price ?

    what if the share price is 27,27,27,28,27 ?

    what if the share price is 24, 24, 25,23, 22 ?

    NCM Price at posting: $30.23 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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