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Tarvold

20,909 Posts.

1223

08/05/21

13:47

Post #: 53037030
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Originally posted by thatsthatmate: ↑

OPY I see they were 'generous' and didn't scale back ;-) despite the SPP price now being underwater. Oh well, perhaps better next week as APT was smashed down hard.

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MELBOURNE Australia, 7 May 2021: ‘Buy now. Pay smarter.’ company, Openpay Group Ltd (ASX: OPY) (Openpay or
the Company) is pleased to announce that the Share Purchase Plan (SPP) announced on 31 March 2021 has closed
oversubscribed, with applications received from shareholders totalling A$8.7 million.
As previously advised, Openpay was seeking to raise approximately A$5 million in funds through the SPP. In
response to the strong demand from eligible shareholders the Company has agreed to accept oversubscriptions
and increase the amount raised under the SPP to A$8.7 million, giving shareholders the opportunity to more
meaningfully increase their holding in the Company.

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Hold or take the loss?
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