share purchase plan

Share Purchase Plan
Following the placement, Newcrest will also offer shareholders the opportunity to participate in a non-underwritten Share Purchase Plan (“SPP”). The SPP will provide eligible shareholders with the opportunity to subscribe for up to A$5,000 worth of Newcrest shares, without incurring brokerage or other transaction costs. The SPP will be offered to eligible shareholders on the Newcrest share register at 7.00pm (Melbourne time) on 6 February 2009. The offer under the SPP will open on 16 February 2009 and is expected to close on 6 March 2009. Further details of the SPP will be provided to eligible Newcrest shareholders in due course.
Newcrest’s ordinary shares are expected to remain in a trading halt until the opening of trading on 3 February 2009.

Any ideas what it might be?

someone on another thread said it might $27?

1 for 1
1 for 2??

$5000 worth

not much of a bargain there, particularly in this environment.