APA Group: raised $85 million through a stand alone $5000 SPP priced at $3.5938 in November 2007. See outcome announcement.
Keytone Dairy, 2019: the recently floated company launched an $8 million placement at 43c and then accepted all $8.7 million in applications for the subsequent SPP, which was less than the $10 million cap.
Macquarie Group, 2009: $540 million placement at $27 in May 2009 followed by an uncapped $15,000 SPP at $26.60 which brought in $669m from more than 55,000 investors. The only entry on this list where retail shareholders contributed a majority (55.33%) of the funds raised in a $1209 million capital raising.
St George Mining, 2020: $3.6 million placement followed by a $1.6 million SPP which was then expanded to $3.6 million after applications worth $9.37 million. See SPP outcome announcement. An unfair scale back formula which saw anyone who owned less than 1000 shares given a zero allocation.
White Rock Minerals, 2020: initially announced a $1.5m cap on its SPP but then uncapped the offer and accepted all $10 million worth of applications at 3c, meaning the SPP ended up being almost double the earlier $5.85 million placement.
Copyright © 2020 The Mayne Report. All rights reserved