That means apprxomiately 20% of 15K allocated. But the formula is a bit more complex as it appears they have split based on number of shares owned in the company, not simply on dollars requested.
Anyway on average $3K. At current price of 16c that means a stag profit of around $428. Will see some selling over the next couple of days as shares become available. A nice announcement would go down well about now.
That means apprxomiately 20% of 15K allocated. But the formula...
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