TNP 0.00% 2.5¢ triple energy limited

Your argument is OK.the announcemeny says"The Company intends to...

  1. 3,637 Posts.
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    Your argument is OK.

    the announcemeny says
    "The Company intends to cap funds raised under the SPP at
    $500,000,equating to approximately 22.73 millionnew ordinary fully paid shares in the capital of the Company. Triple has approximately 999 registered shareholders as at 15 May 2013
    and a pplications will be accepted on a first come, first served basis .

    Not all holders will take these up,if they all did then they may be scaled back to $500 each,my guess is at this price they will be rushed.

    $500k/15k =33 lots

    You had better be quick to get some!!
 
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Currently unlisted public company.

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