Peakmastery1. It is unlikely that someone holding less than...

Peakmastery

1. It is unlikely that someone holding less than 10,000 would apply for the SPP and if they did it is even more unlikely that they would take up the full $15,000.
2. The larger the interest in the company the more likely hood of taking up the SPP.
3. RUM raised $3.4 mil – dividing the amount raised by the approximate number of shareholders “likely” to take up the SPP gives an average uptake in the offer.
4. Personally I felt it was a nice indication of the level of uptake. If all shareholders took up the full $15,000, RUM would have raised $44.7 Mil.