Closing date is Friday,18 December. They will let us know about the allocation by Monday or Tuesday before X-Mas as cheques and cash aren't accepted. That should make it very quick to be decided and worked out.
$2m divided by $ 30.000 means if just 70 holders subscribed for the full amount the target would have been reached. Assuming the directors and CEO will take up their full allocation plus the HC-oos, including me, leaves not many left needed. So, either scale back or increased share issue.
Less than 2 weeks to wait.
GLTA
SPP, page-21
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