Heya Group, I’ve been following this product for a while and just been checking out all your commentary- Interesting read..
Given the exit fee clause and 1.28% fee on sells, and brokerage $30 for selling 1 share if you get a prorata did anyone consider something like the Superhero product and just buying 1 share on everything?
just wondering if doing myself, could also exclude companies known to do RI vs a SPP and those that are going to always be over subbed and refunding? Or just going after top 200 etc..
im just thinking occasionally if there is a massive drop then a CR, the value could be in also holding the shares for a bit longer than to just grab the SPP discount?
I got the full 20k APT SPP and held, CCP returned $28k even though I was holding $10k in shares... on the pro rata term which was annoying to say the least!
