EGR 4.08% 9.4¢ ecograf limited

placement, page-19

  1. 7,432 Posts.
    If it is only $1mil SPP that's not much, about 1:20 allocation ratio so likely to be very Oversubscribed and Allocations cut back.
    This scenario of over subscribed means one should NOT raise your subscription to the Placement by selling current holding above 17cents to Fund your SPP purchase. Why? because your 17cent restock highly unlikely for the number subscribed for and 'refunds' of cash take at least a week and there's all these peeved shareholders as per the MediBank Float.

    Anyway should of been $3.5 mil shares SPP and $1 mil to the placement IMO
 
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