Blue Energy... BUL... CSG... 21.3 TCF GIP...

[Brut]

Hi Bermuda,

What price did you pay for your BUL shares under the SPP? My understanding is the offer price is 20% discount to the volume weighted average price over the last 5 Trading days with a price cap of 20c. Has the company advised the price of the SPP yet?

Brut



From the offer:

“Under the Offer, each Eligible Shareholder can subscribe for between A$2,000.00 and A$15,000.00 of new fully paid shares at an Offer price of a 20% discount to the volume weighted average price of Blue Energy shares over the last five (5) Trading days up to and including the Closing Date of the SPP with a price cap of A$0.20. You will not pay more than A$0.20 per share should the price of Blue Energy shares rise though the offer period.”

Therefore a low share price means, the SPP shares will be below A$0.20.

[bermuda]

Hi Bermuda,

What price did you pay for your BUL shares under the SPP? My understanding is the offer price is 20% discount to the volume weighted average price over the last 5 Trading days with a price cap of 20c. Has the company advised the price of the SPP yet?

Brut



From the offer:

“Under the Offer, each Eligible Shareholder can subscribe for between A$2,000.00 and A$15,000.00 of new fully paid shares at an Offer price of a 20% discount to the volume weighted average price of Blue Energy shares over the last five (5) Trading days up to and including the Closing Date of the SPP with a price cap of A$0.20. You will not pay more than A$0.20 per share should the price of Blue Energy shares rise though the offer period.”

Therefore a low share price means, the SPP shares will be below A$0.20.

Hi Brut,
I just posted off $A 15,000 and will leave them to do the maths and allocation.


A 20% discount means we could get them at a minimum of 16 cents.

BUL had better come out with some good news otherwise the traders will hock them off at 18. I will be holding mine and looking to purchase more.Cheers