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4.8¢ consolidated zinc limited

Ann: Share Purchase Plan, page-69

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badhan

2,452 Posts.

28

12/10/18

11:43

Post #: 36099937
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Originally posted by Arpad ↑

I was hoping to get in at 0.023 but missed out yesterday (a lot went through just before the bell).

So I've applied through the SPP for $15k worth. I expect the SPP will be oversubscribed so I'll get scaled back, but at least I'll get the maximum possible, whatever that may be.

I would also expect (in my opinion) that the share price would fall back a little after the new shares are issued so there would be an opportunity to top up further then. I've noticed that often happens with SPP placements.

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You are right.

We can hope many things but how many will come into fruition, is the question.

Same like you were hoping to buy at 2.3c!!

CZL Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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