I'm not too stressed.
The very fact Steven has not attached options is a pretty big indicator that the spp is expected to be over subscribed.
Steven has also indicated to shareholders he will be participating, I would personally like Steven to declare that on the ASX which would more than certainly see the spp oversubscribed.
Your right, not everyone will subscribe for $30k and I doubt many would actually receive their full $30k entitlements.
My point was I doubt there will be enough shares on or bellow the spp to effect the spp...The sellers have been thin so the best chance of a chomp is off market and supporting the company.
Cheers.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
4.3¢ | 50000 | 1 |
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No. | Vol. | Price($) |
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1 | 11932 | 0.042 |
3 | 544492 | 0.041 |
8 | 697543 | 0.040 |
4 | 720000 | 0.039 |
3 | 851052 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 50000 | 1 |
0.044 | 47944 | 2 |
0.045 | 22000 | 1 |
0.047 | 21285 | 2 |
0.049 | 209694 | 3 |
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