I applied for the SPP today.
I looked at this again, and I still think my original analysis (first post above) is about right. (In summary, the most you can expect is one new share for every 11 you held before, but probably a bit less.)
Expressed as a percentage, that is 9% or a bit less. There may be exceptions to this, as these SPPs give boards complete discretion, and this is not advice, it simply my view.
In any event, I applied accordingly. This SPP has just become more valuable, to state the obvious, given share price movements today. Expect a huge oversubscription.
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I applied for the SPP today. I looked at this again, and I still...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 890000 | 1.0¢ |
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Price($) | Vol. | No. |
---|---|---|
1.2¢ | 395156 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 890000 | 0.010 |
1 | 170000 | 0.009 |
1 | 435000 | 0.008 |
3 | 710000 | 0.007 |
2 | 340000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 395156 | 3 |
0.013 | 76875 | 1 |
0.016 | 620000 | 2 |
0.017 | 743801 | 2 |
0.018 | 1210413 | 3 |
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