FireFly Metals (ASX:FFM) doubled the size of its share purchase plan (SPP) to AU$10 million, following strong demand, according to a Friday filing with the Australian bourse.
The SPP received applications totaling AU$28.2 million, exceeding the initial target of AU$5 million, the filing said.
The SPP was open to 5,365 eligible shareholders, with 1,676 valid applications, resulting in a 31% participation rate and an average application amount of AU$16,800, per the filing.
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