Buying ordinary shares in a company after spp is completed meaning after the company has issued a spp and the shares have been allocated to their holders does this generally mean the share price will go down ?
Sure! whoever participated in the spp will start selling and take profit but...
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...