IMP imperial corporation limited
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re: 60% discount on share purchase plan Sandy,From my...

  1. freakme
    1,115 Posts.
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    26/04/06
    12:57
    Post #: 1520494
    re: 60% discount on share purchase plan
    Sandy,

    From my understanding, its not a SPP. It is a 1:4 non-renounceable rights issue at 0.008c. Therefore you need to purchase $20k worth of stock to get $5k at 0.008c.

    Is my understanding correct? Your clarification is needed.

    Cheers Freakme
    IMP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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