My broker has not responded to my email asking where in their email that date was stated ! I sure as hell can't find it.
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I'm with you Goldstein. 100 %. We should never have sold these power stations. Never.
And yes, I've bought more or less as much as I could of all of them.
Previously debated on the first float. MRP.
Allotments are out on genesis web site it seems.
http://www.nbr.co.nz/article/genesis...ed-back-154942
Looks loike NZ retail investors got 55% of shares allotted.
Function of number of investors applying - 68,000 so average of $5,900 per investor (retail).
I wonder how long it will take to get the balance of our money put back in the account that it came from.
They are beginning the refund process tomorrow
Remember everyone who got scaled you can always "top up" when the listing price drops below 1.44 and not "miss out" on the value of the bonus shares.
Good luck to all holders. My feeling on this one is that it's going to spend some time below issue price, as scaled back holders dump their unwanted tiny parcels.
Time will tell . :)
Remember everyone who got scaled you can always "top up" when the listing price drops below 1.44 and not "miss out" on the value of the bonus shares.
Good luck to all holders. My feeling on this one is that it's going to spend some time below issue price, as scaled back holders dump their unwanted tiny parcels.
Time will tell . :)
Confirmed that if you had a Firm allocation, and applied in the retail offer, you got scaled 20% on Firm, and 100% on retail, (same IRD, CSN numbers)
this is despite them inviting us to apply in both pools.....amazing how this one has turned out.