Thanks for that. I think i will
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What was the sweetener offered to those who took up shares in the IPO.?
1 bonus share for each 15 shares subscribed for in the IPO subject to a maximum of 2,000 bonus shares. (30,000 IPO shares gives you the maximum bonus entitlement) Shares must be held continuously for 12 months to be eligible for the bonus shares and this is only available to retail investors.
Thanks Roger.
And better than MRP max 200 shares I think 1 for 25 from memory?
But how many investors got anywhere near the quantity of shares they applied for in the IPO? I applied for 36,000, but only got 3,226 = 215 bonus shares. I thought this was unfair after handing over north of $55k for over a month. Lost interest ate up half the value of the bonus shares that I have to wait a year to receive....... Still, sp increase has been nice