AKM 10.3% 32.0¢ aspire mining limited

share purchase plan?

  1. 9,544 Posts.
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    Somebody mentioned sometime back (uproared?) that we may get to see a share purchase plan for retail holders in the near future?

    What are the chances of seeing that (or are we going to get the response that well, you had the opportunity to buy under 41c for some time, you missed it too bad)? Debating whether to buy more on market or awaiting the SPP. I think this could take off in next few weeks. Generally, companies only provide SPPs when they do not have recourse to sophs or wish to placate retail shareholders (usually only blue chips do it for the latter reason). Being a member of the All Ords, I think it would be appropriate for AKM to do one. It may however force South Gobi to buy more on market.
 
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