there has been a flux of capital raisings, including Share Purchase Plans (SPP) lately. (https://www.maynereport.com/articles/2020/04/03-1240-3652.html)
A feature of the SPP is that one can subscribe for up to $30,000 of shares, often at a material discount, independant of the number of...
Just wondering who is eligible for Share Purchase Plan prices? (I'm looking at BAPCOR).
Is it only for those that own the company's share at a particular cut off date? or is it open to the public?
I know it is a pretty newbie question :)
What is SPP in simple terms for us beginners. is that a good thing? How does it work and how can we use it to our advantage. (Nokia used SPP strategy along other method to push himself from $1500 to $3000 in 8 months.)
I'm a shareholder in ARG and MLT and like many other listed companies, they offer shareholders the opportunity to invest up to $5,000 p.a. via the SPP at a discount to market price.
My question is this: when these stocks are trading at a discount to their NTA, the SPP price is...