Dear All,For those who partticipated in the SPP, just be aware...

  1. 6,669 Posts.
    Dear All,
    For those who partticipated in the SPP, just be aware that the stocks will list today...
    Issue price is $3.95
    Last trade $4.27.. approx $400 profit (or 8% play) for those who applied for 1250 shares , max amount.

    Regards
    INSIDER

    PS. Snake13, as for the upcoming divi in 2 weeks, am I wrong or is the divi only paid on the initial SPP investment ie.the inital $500 (120 shares approx) and not the whole 1250 shares?

    Thus, the dividend will be about $15 coz it does not take into consideration the shares allocated under the SPP?

    PPS. The stock has a valuation of $5 in the next 8-12 mths for those considering a longer term play
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.