Leopold, I agree with your sentiment.
Looking at the SPP documentation, this is what I can gather.
Resolution 1 (placement of 17 mil ordinary shares) & resolution 2 (10 mil options) are inter-dependant. It appears that if the options are voted down, so too might the share placement.
However, resolution 3 which relates to another 8.5 mil options & resolution 4 (3 mil broker options) don't appear to have any impact on the issue of the ordinary shares to sophisticated/institutional investors.
Feel free to correct me if I have made a mistake in interpretation.
Cheers
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Last
$7.78 |
Change
-0.160(2.02%) |
Mkt cap ! $597.6M |
Open | High | Low | Value | Volume |
$7.97 | $7.97 | $7.62 | $378.6K | 48.78K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 304 | $7.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.78 | 25 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 25 | 7.780 |
4 | 376 | 7.760 |
2 | 964 | 7.750 |
2 | 328 | 7.740 |
2 | 947 | 7.730 |
Price($) | Vol. | No. |
---|---|---|
7.790 | 139 | 3 |
7.800 | 226 | 2 |
7.810 | 551 | 5 |
7.820 | 220 | 3 |
7.830 | 300 | 2 |
Last trade - 14.27pm 10/07/2025 (20 minute delay) ? |
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