KAR 4.26% $1.46 karoon energy ltd

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  1. 2,986 Posts.
    You can't have an SPP that is over subscribed, it is worked out by the number of shareholders taking up the max ($5k). Any under subscription will be snapped up by the sophisticated & institutional investor group. Not sure if this issue is underwritten, but when they are it is the underwriter that coughs up.
 
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