if there are 2500 shareholders and its a million doallar spp then its $400 or 5700 shares each. I can apply for three lots( different HIN) so i might. I dont think its usually more than about one in 4 who ask for shares but this is a spec with good prospects and an option.
So the likelihood you will get $2500 worth as a minimum is reasonable but any more you probably wont get.
It will be interesting to see if everyone gets a percentage of what they ask for or whether they just cap it.
Its specifically not very specific, but they have to have a process.
RML Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
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