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
$7.66 |
Change
-0.280(3.53%) |
Mkt cap ! $589.9M |
Open | High | Low | Value | Volume |
$7.97 | $7.97 | $7.65 | $184.4K | 23.77K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 604 | $7.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.73 | 625 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 52 | 7.710 |
1 | 192 | 7.700 |
2 | 381 | 7.690 |
2 | 520 | 7.680 |
3 | 1069 | 7.670 |
Price($) | Vol. | No. |
---|---|---|
7.740 | 42 | 1 |
7.750 | 34 | 1 |
7.760 | 110 | 1 |
7.780 | 34 | 1 |
7.790 | 192 | 1 |
Last trade - 11.54am 10/07/2025 (20 minute delay) ? |
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