I would think that no where near the 3000 eligible investors will participate in the SPP, and then not everyone participating will have the means to apply for full $15,000 allocation (I can only afford $2500).
If the SPP is over subscribed and needs to be scaled back does this happen according to the allocated tiers eg $15,000 subscription scaled back to $10,000 subscription.
Also if the SPP is oversubscribed can they reduce the allocation to satisfy the Sophisticated Investors application (meaning we get the raw end of the deal)
POK Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
