According to the gumpth, it is the lesser of the two.
1. 31.5 c. or
2. A 5% discount to the VWAP over the 5 day pricing period.
So if it reaches 40, the lucky retail investors will still only pay 31.5.
That's my take.
- Forums
- ASX - By Stock
- SXY
- Quick Q regarding the SPP offer period
Quick Q regarding the SPP offer period, page-10
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online