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  1. #4411
    Senior Member
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    Believe this will be like the massively scaled IFT SPP with 20k holding receiving 5k @ $1.20

  2. #4412
    Junior Member
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    Jul 2020
    Location
    wellington
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    Why would todays approval for listing on the ASX not seem as price sensitive on the NZX

  3. #4413
    Member
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    Mar 2014
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    Because they want to look like it was already known by the market?

  4. #4414
    Speedy Az winner69's Avatar
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    Quote Originally Posted by x2rider View Post
    Why would todays approval for listing on the ASX not seem as price sensitive on the NZX
    Why not Price Sensitive ....cos it’s not price sensitive
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #4415
    Membaa
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    Nov 2004
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    Quote Originally Posted by blobbles View Post
    Yes, you can ask for all $5m if you want, but of course you won't get it. But you need to be able to front up with the $100k and be OK with that sitting in someone else's account for a month or so and be OK with it being filled if it's not oversubscribed (unlikely in this case). There is risk associated, so as with all risky endeavours, analyse what's best for you, your appetite for risk etc.
    Nonsense, the online process automatically calculates your payment amount based on the number of shares you apply for, up to a maximum of 41,666 shares. All this was spelled out clearly in detail in the SPP offer and in the application process.

  6. #4416
    Membaa
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    Quote Originally Posted by Left field View Post
    Applied for my allocation today
    Ditto, good luck Leftie, will be interesting to see how many we get.

  7. #4417
    Member Checkmate's Avatar
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    May 2020
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    NZ
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    308

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    Quote Originally Posted by sommelier View Post
    Because they want to look like it was already known by the market?
    It was already known by the market.

  8. #4418
    Membaa
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    Quote Originally Posted by winner69 View Post
    Why not Price Sensitive ....cos it’s not price sensitive
    Maybe not but it wasn't a done deal until now, so pretty exciting to have the PX1 listing on ASX confirmed, which locks in the $32m soph's raising and the SPP $5m raising.

    PX1 on NZX on Wednesday and PX1 on ASX 1pm on Wednesday. Woo hoo.

  9. #4419
    Outside thinking.
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    Jan 2013
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    Quote Originally Posted by Baa_Baa View Post
    Maybe not but it wasn't a done deal until now, so pretty exciting to have the PX1 listing on ASX confirmed, which locks in the $32m soph's raising and the SPP $5m raising.

    PX1 on NZX on Wednesday and PX1 on ASX 1pm on Wednesday. Woo hoo.
    Quote Originally Posted by Baa_Baa View Post
    Ditto, good luck Leftie, will be interesting to see how many we get.
    'Woo hoo' indeed ...... and good luck to you too Baa Baa.

    Great to see the boxes being ticked.... step by step the plan is unfolding and the next 12 months are going to be v interesting.

    FWIW I'm already overweight in PLX/PL1 so not too worried about the allocation. Woo hoo!

  10. #4420
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Baa_Baa View Post
    Maybe not but it wasn't a done deal until now, so pretty exciting to have the PX1 listing on ASX confirmed, which locks in the $32m soph's raising and the SPP $5m raising.

    PX1 on NZX on Wednesday and PX1 on ASX 1pm on Wednesday. Woo hoo.
    So wonder who the big new customer is ...or who have they acquired?

    Should know later this week or next week

    You don’t go to Ll bother of raising cash and ASX listing to have a non-event.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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