TLG 1.69% 58.0¢ talga group ltd

Share purchase plan

  1. 3,195 Posts.
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    So if I buy $30,000 worth of shares at $1.45 and I suspect it will be over subscribed and we only get $5000 worth how long before I get the $25,000 back. Is it sent out by cheque or direct deposit back into my bank account.

    The GXY and PLS share purchase plan in my view was better set up so everyone knows how much they can get
    and will get as if you own say 10,000 for PLS you get $476.76 worth of share.

    Wish TLG had gone this way as this is more likely to drop back where so far GXY has gone up quite a bit and PLS
    has leveled off until everyone gets there nice discount where its 1 for 7 PLS shares you own where GXY was 1 bonus
    share for every 14 you own.


 
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