LIC & LIT Whitefield Limited SPP

Discussion in 'Shares & Funds' started by SatayKing, 7th Nov, 2018.

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  1. monk

    monk Well-Known Member

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    Oops, it's getting close to wine o'clock, guess I was a little distracted with the anticipation.
     
    monk, 29th Jun, 2020
    #221
  2. Greedo

    Greedo Well-Known Member

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    +1 for me today
     
    Greedo, 2nd Jul, 2020
    #222
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  3. monk

    monk Well-Known Member

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    5 now :cool:
     
    monk, 2nd Jul, 2020
    #223
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  4. Naoki

    Naoki Member

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    +1 for me too.

    I had the money sitting and waiting and waiting, and thought bugger it, this will do. A highly scientific method.
     
    Naoki, 3rd Jul, 2020
    #224
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  5. SatayKing

    SatayKing Well-Known Member

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    Announcement of SPP results.

    "The Board of WHF is pleased to advise there were six applications which raised a total of $180,000. These funds will be used for future investments."
     
    SatayKing, 3rd Jul, 2020
    #225
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  6. pippen

    pippen Well-Known Member

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    May tip 5k in see how I feel within the hour
     
    pippen, 3rd Jul, 2020
    #226
  7. SatayKing

    SatayKing Well-Known Member

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    Stop stuffing up the averages.
     
    SatayKing, 3rd Jul, 2020
    #227
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  8. Greedo

    Greedo Well-Known Member

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    Greedo, 8th Jul, 2020
    #228
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  9. monk

    monk Well-Known Member

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    monk, 8th Jul, 2020
    #229
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  10. turk

    turk Well-Known Member

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    A total of 1,029 individual holders participated in the plan with valid applications totalling $14,035,000. As the total value of subscriptions did not exceed the maximum subscriptions for the plan, there will be no scale back of applications and shareholders will receive their full allocation. As previously notified to market, shares under the 2020 Share Purchase Plan will be issued at a price of $4.35 per share and shares are due to be allotted on 10th July 2020.

    https://cdn-api.markitdigital.com/a...pdf?access_token=a8jLBG6N0Yb3xG6z706gh9NS2HrX
     
    turk, 8th Jul, 2020
    #230
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  11. SatayKing

    SatayKing Well-Known Member

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    That is quite good. About 20% of share holders and 30% of cap. Higher than a lot of LICs' past SPPs.
     
    SatayKing, 8th Jul, 2020
    #231
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  12. SatayKing

    SatayKing Well-Known Member

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    Shares allocated today according to the info in the SPP documentation. Snail mail advice of allocation from company will follow in due course I guess unless there is a radical change and it's decided to include it on available documentation of the share registry. Seems too rational to provide via the share registry the SPP documentation, including the application form, and the subsequent allocation advice. We can live in hope.
     
    SatayKing, 10th Jul, 2020
    #232
  13. monk

    monk Well-Known Member

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    Yep, looking good sitting in my account :)
     
    monk, 10th Jul, 2020
    #233
  14. SatayKing

    SatayKing Well-Known Member

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    My hopes have been fulfilled. Notice of allocation and price is now available on share registry website.

    Now don't send me no paper as a follow-up thanks.
     
    SatayKing, 14th Jul, 2020
    #234
  15. SatayKing

    SatayKing Well-Known Member

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    They damn well did.
     
    SatayKing, 18th Jul, 2020
    #235
  16. SatayKing

    SatayKing Well-Known Member

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    WHF pay day today. Funds in the bank (will certainly cover the annual cost of two-minute noodles) and more shares in the holding.
     
    SatayKing, 11th Dec, 2020
    #236
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  17. SatayKing

    SatayKing Well-Known Member

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    SatayKing, 1st Mar, 2021
    #237
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  18. Ariyahn2011

    Ariyahn2011 Well-Known Member

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    Haha
     
    Ariyahn2011, 1st Mar, 2021
    #238
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  19. Aston Marersa

    Aston Marersa Active Member

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    So the SPP raised $14M. The dividend paid was $10M.... could've saved the trouble and shifted some gold coins from my left pocket to my right all by myself. Tax free too.
     
    Aston Marersa, 26th Mar, 2021
    #239
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  20. monk

    monk Well-Known Member

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    It could be looked at that way, others will see an increase of their holdings & thus income from dividends at a discount to then price, not to mention the approx. $1 increase in share price since then, so happy camper here :).
     
    monk, 26th Mar, 2021
    #240
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