No, because it will be around $14000 odd tied up for a couple of weeks with every man and his dog wanting to get in at $0.67, and no it will have no effect on the SP given that what is offered to existing shareholders represents around 0.3 of 1% of total shares. Don't really want to end up an odd number of shares.
Looking at the SPP. I can see small shareholders applying for $15k getting about $1,000 worth or 1,470 shares @ 68 cents. At current SP of .81 a "profit" of $191. Not a bad return on $14k for a couple of weeks - 35%pa by my calcs ! - Thoughts ....
Looking at the SPP. I can see small shareholders applying for $15k getting about $1,000 worth or 1,470 shares @ 68 cents. At current SP of .81 a "profit" of $191. Not a bad return on $14k for a couple of weeks - 35%pa by my calcs ! - Thoughts ....
It really is impossible to guess how many we will get. Last number I saw was about 3550 shareholders. If they all applied for $15k it would be scaled down to around $845. That is about the minimum those who applied for $15k would get.
Looking at the SPP. I can see small shareholders applying for $15k getting about $1,000 worth or 1,470 shares @ 68 cents. At current SP of .81 a "profit" of $191. Not a bad return on $14k for a couple of weeks - 35%pa by my calcs ! - Thoughts ....
It really is impossible to guess how many we will get. Last number I saw was about 3550 shareholders. If they all applied for $15k it would be scaled down to around $845. That is about the minimum those who applied for $15k would get.
Totally hot. Thats why Gina Rinehart and Harvey Norman have all bought dairy farms. Its why the price of ONC went from 9c to 80c on news it was buying a dairy farm. Its why Bellamy's share price has gone from $1.20 to almost $10 in a year.
The only shareholders who have missed out on this new white gold rush are ATM's
Interesting insight their KW
Take it Gerry not buying dairy just to get some fresh milk
Last edited by winner69; 11-11-2015 at 12:39 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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