re: Ann: Offer to Participate in SXG Share Pu... Its VERY common for SPP plays have a record date on the same day or even back date it to a day earlier. It avoids manipulaton too and benefits GENUINE holders.
The only disadvantage is that it does not matter how many you hold (whether its 10shares or 100,000 shares), you can only apply for $5,000 in this instance.
Yes, it encourages smaller holders to top up.
At 7c, so far you are 100% in the money at todays closing price
re: Ann: Offer to Participate in SXG Share Pu... Its VERY common...
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