"sounds like a SPP. If so, you're right - offered shares on an equal basis, regardless of current shareholding"
which means that if we had 2 investors recently buying shares at say 2.8c,
if investor 1 had bought just 10000 shares, as opposed investor 2 who bought 500000 shares, each can buy maybe $10000 or $50000 worth at 2c.
To me this is utterly ridiculous...
