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
$7.80 |
Change
-0.140(1.76%) |
Mkt cap ! $598.4M |
Open | High | Low | Value | Volume |
$7.97 | $7.97 | $7.62 | $542.7K | 69.87K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 645 | $7.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.98 | 1191 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 645 | 7.700 |
2 | 2500 | 7.500 |
1 | 25 | 7.480 |
1 | 1000 | 7.300 |
1 | 1000 | 7.270 |
Price($) | Vol. | No. |
---|---|---|
7.980 | 1191 | 1 |
8.000 | 2500 | 1 |
8.050 | 3982 | 1 |
8.150 | 1824 | 1 |
8.330 | 700 | 1 |
Last trade - 16.10pm 10/07/2025 (20 minute delay) ? |
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