AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Share Purchase Plan closing date extended to, page-6

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  1. 1,255 Posts.
    re: Ann: Share Purchase Plan closing date ext... Just read the offer document this morning. The minimum amount of shares that I can apply for is $2000 worth. I wonder if this is designed to discourage shareholders from applying for shares in the SPP so as not to dilute the institutions that paid 4.8c for them. The $2000 would be more than what my current holding is worth so why would I throw good money after bad. And what if I didn't have $2000, I simply get diluted.
 
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