It will be interesting to see how they will scale back the obvious oversubscription that will happen even if they elect to increase the SPP total upwards from $10 mill due to demand. At this point of time someone with 1 share can apply for upto a $30k parcel whereas someone who is holding 100,000 shares can only apply for upto $30k. Those with larger holdings have taken the bigger risk as investors and should be compensated appropriately by a lesser proportional scale back. I've seen this before on some occasions with other stocks where the SPP demand far exceeds the available number of shares made available. I dont think that is an unreasonable proposition
SPP scaleback
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Last
81.0¢ |
Change
-0.155(16.1%) |
Mkt cap ! $155.4M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 86.0¢ | 81.0¢ | $1.483M | 1.791M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 19234 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 23500 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
81.5¢ |
Change
-0.155 ( 14.6 %) |
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| Open | High | Low | Volume | ||
| 84.0¢ | 85.5¢ | 81.0¢ | 421982 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| WR1 (ASX) Chart |
