ECQ 0.00% 2.5¢ eco quest limited

"sounds like a SPP. If so, you're right - offered shares on an...

  1. 987 Posts.
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    "sounds like a SPP. If so, you're right - offered shares on an equal basis, regardless of current shareholding"

    which means that if we had 2 investors recently buying shares at say 2.8c,
    if investor 1 had bought just 10000 shares, as opposed investor 2 who bought 500000 shares, each can buy maybe $10000 or $50000 worth at 2c.

    To me this is utterly ridiculous...
 
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