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  1. #4261
    Member Alpha's Avatar
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    Also taking maximum

  2. #4262
    Member
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    Just checking how the capital raise will work? Keen to participate, currently hold around 2000 shares. When will I get notified of how to participate?

  3. #4263
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    May 2019
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    Quote Originally Posted by k14 View Post
    Just checking how the capital raise will work? Keen to participate, currently hold around 2000 shares. When will I get notified of how to participate?

    The SPP offer opens on 13 November 2020 and the Offer Document and Application Form in respect of the SPP offer will be sent to eligible shareholders on that date as well as being available at www.shareoffer.co.nz/plexure from that date.


    It’s in th nzx release
    https://www.nzx.com/announcements/363013

  4. #4264
    Investor
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    Jul 2014
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    Quote Originally Posted by k14 View Post
    Just checking how the capital raise will work? Keen to participate, currently hold around 2000 shares. When will I get notified of how to participate?
    You'll an email once SPP offer opens with your unique code for participation.

  5. #4265
    Member Checkmate's Avatar
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    I’ll take a max allo as well. “F*ck the expense, throw the cat another goldfish”

  6. #4266
    Senior Member
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    Aug 2017
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    If they need just 100 shareholders applying for the max $50k to raise the $5mil,there is going to be some serious scaling back.I will apply for the max,but my guess would be that we might recieve just 10%,any other guesstimates out there?

  7. #4267
    Member Checkmate's Avatar
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    Well maybe we’ll be able to buy them on the market around $1.20 anyway as I’m expecting some selling off after the halt -

  8. #4268
    Speedy Az winner69's Avatar
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    Quote Originally Posted by steveb View Post
    If they need just 100 shareholders applying for the max $50k to raise the $5mil,there is going to be some serious scaling back.I will apply for the max,but my guess would be that we might recieve just 10%,any other guesstimates out there?
    Not good ...but they said they were being fair to all shareholders

    But dilution will be severe for likes of you and me eh

    Prob about 2000 shareholders classed as ‘retail’
    Last edited by winner69; 12-11-2020 at 10:26 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #4269
    Junior Member
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    Jan 2016
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    how does the SPP work for those that bought through sharesies?

  10. #4270
    Senior Member
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    Quote Originally Posted by winner69 View Post
    Not good ...but they said they were being fair to all shareholders

    But dilution will be severe for likes of you and me eh

    Prob about 2000 shareholders classed as ‘retail’
    The fairest way would be a rights issue with the option to oversubscribe by 3x so it's clear what people's entitlement is. I'm tired of having to throw $50K at SPP offerings and having it sit in someone else's bank for a couple of weeks while the registrar plays with their abacus.

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