for just over $10,000 I was allocated 2237 about 1/3 :mad ;:
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correct, and both are recorded as 'successful', so its not a technical red card
just in from my broker
Quote:
De-duping of applicants that applied in both the Broker Firm Offer and General Offer
Please also be advised that the Crown has exercised its discretion noted in clause 6 of the Broker Procedures Manual and page 46 of the Investment Statement to treat Applicants that applied in both the Broker Firm Offer and General Offer differently.
In general, applicants in the Broker Firm Offer who applied for more than 4,033 shares ($6,251) have had their General Offer applications scaled to 0.
Through the public pool I got 26% of what I applied for.
Will be interesting to see what % my wife gets through our broker-she had been scaled about 55% on firm, which of course could then be down another 20%.
Repayments of money 22nd~23rd according to the website tonight......
Grrr feels like I've been kicked in the teeth ... I went out on a limb and applied for a pretty large chunk after reading that Mum and Dad investors will get everything they ask for ... they took the money from me straight away, and now the offer has been scaled back the money won't be back for another 2 weeks or so? The interest I could've earned, or the gains I could've gotten by investing that money somewhere else :( The allocations to mum and dad investors are tiny ... how is anyone supposed to make a decent gain, or a decent dividend on such a small amount?!!?
Where does it say on the website that we will be refunded on the 22-23rd?
T
Seems like there's a lot of unhappy would-be stags out there today. Given that there was a finite number of shares available, who appears to have been most satisfied/favoured?
Disc: I got a few but had to expect to be heavily scaled in a popular float.
:cool: