Just checked to terms & conditions, termination notice has to be given prior to the 15th of month at the end of the quarter i.e by 15th Jun, 15th Sep etc.
What's the betting they make the announcement to existing holders after the 15th Jun?
I haven't received anything from Onmarket this month about any changes.
Based on the current PDL price & if they reduce the exit fees to $5 per share I'd make a profit on my SPP investment exiting mid Jun of approx $1,600 or around 5.0% p.a. on average amount invested over 10 months. Without the reduction in exit fees I'd make a loss of approx $1,400.
