The way the SPP was carried out was a bit strange.The manner...

  1. 11,799 Posts.
    lightbulb Created with Sketch. 93
    The way the SPP was carried out was a bit strange.

    The manner that the SPP was carried out would suggest that the board wasn’t confident in the response from retail investors.
    OR
    It was a devious scheme to get extra funding by putting it into the short term money market.

    I put in $2500 and only received shares valued at $453 or 18% of my request…hopefully they adhered to this percentage for everyone!

    I struck SPP based on pro rata of current holdings and on occasions also allowing an additional percentage purchase above allotment.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.62
Change
0.003(0.15%)
Mkt cap ! $981.4M
Open High Low Value Volume
$1.61 $1.63 $1.59 $1.270M 786.5K

Buyers (Bids)

No. Vol. Price($)
45 44986 $1.62
 

Sellers (Offers)

Price($) Vol. No.
$1.63 42937 26
View Market Depth
Last trade - 14.39pm 29/07/2025 (20 minute delay) ?
SRG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.