Australia's largest stock trading and investment forum Australia's #1 stock forum

POK

Click for more information

0.00%

20.0¢ potash minerals limited

Ann: Shareholder letter - Share Purchase Plan, page-89

First 89 Last

Share
Profile

Follow
soulstice88

121 Posts.

10

11/11/15

09:32

Post #: 16367367
Share

Originally posted by thepylee ↑

12,500$ worth of shares or 12,500 number of shares ? I had to ask cause you had "12,500.00"

Based on the SPP described in Prospectus, it does not specify the amount requirements of the current holder's parcel. It just specifies that if you are a holder prior to the SPP Record Date, you are eligible to apply for any option of your choice.

With that being said, i am highly confident that the scale back of this SPP will be scaled back and ratio-ed based on the holder's parcel prior to SPP Record Date. It wouldn't be logical if a person that holds 50,000 gets awarded the same amount as the person that holds 500,000. This is what I think and we should find out in a week or two.

Expand

Just 12,500 shares unfortunately, only just dipping my finger into the sharemarket.
Lot's to learn, thank you for your response!

POK Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

RSG

HotCopper reacts as Resolute Mining told to pay US$160M if it wants its CEO back

DLM

Biome reaches intellectual property milestone in strain development program

GW1

Iris Metals jumps +22% as NASDAQ's Stardust probes economics behind possible offtake

HAW

Yangibana 33% complete says Hastings, as it provides clarification on funding

There are more pages in this discussion • 33 more messages in this thread...

First 89 Last

Add POK (ASX) to my watchlist