Guys just be careful before investing in the SPP. The SPP was so oversubscribed that people were allocated shares on the basis of their shareholdings. I only had a few hundred shares left on SPP date and sold them all off before the SPP was announced. I fully subscribed... lured by a discount to share price... I ended up getting 5 shares allocated and it took 2 months to get the remainder of my money back.
Moral of the story - you are in no way guaranteed to receive anywhere near as many shares as you subscribe to AND you will be without your cash in the meantime.
Guys just be careful before investing in the SPP. The SPP was so...
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$5.93 |
Change
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Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
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| LYC (ASX) Chart |