Share Purchase Plans

[kiora]

This one was a beauty at 50 cents in 2009
http://www.stuff.co.nz/business/indu...t-targets-debt

[Aaron]

I see AIA has a SPP but as pointed out only for shareholders already on board so no good for me. Also if scaling is required it will be based on your shareholding at the record date/announcement (I think) so owning 1 or 2 shares would only work if everyone tightens their pockets and doesn't join in and you apply for $50,000. Note that $50,000 is a significant amount for me so the SPP idea would only work for small timers like myself. Somehow I don't feel that bad that I missed out, monopoly asset but won't be making as much for a while. Hard to say what happens with international tourism once the lock downs are lifted. No dividends for the foreseeable future but my short term thinking is why I always miss great opportunities. Time will tell if this was one.