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Thread: IFT - Infratil

  1. #2371
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    Quote Originally Posted by freddagg View Post
    That was disappointing, I only got 11% more shares in the capital raise.
    Was anyone different to that?
    Received ~11.5% more as well. Applied for the maximum amount.

    A little disappointed with the scaling, is there information on the methodology?

  2. #2372
    Junior Member teabag's Avatar
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    Same here across 3 different applications for different amounts, 11.38% for all three.

  3. #2373
    Junior Member teabag's Avatar
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    Same here across 3 different applications for different amounts, 11.38% for all three. Didn't apply near the max for any of them. My guess you initially got the minimum of what you bid or 11.4%

  4. #2374
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    Quote Originally Posted by teabag View Post
    Same here across 3 different applications for different amounts, 11.38% for all three.
    Oh, for the good old manual calculation days for such issues when one had a good chance of scoring with all three!


  5. #2375
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    If it makes people feel any better, I applied for $30k, but only got $423 (91 shares)

    i.e. 1.4% of application, and like other people, 11.4% of my holding. (801 shares)

    .

  6. #2376
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    Quote Originally Posted by Chickens View Post
    If it makes people feel any better, I applied for $30k, but only got $423 (91 shares)

    i.e. 1.4% of application, and like other people, 11.4% of my holding. (801 shares)

    .
    Oh my, that's some scaling.

  7. #2377
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    Quote Originally Posted by dreamcatcher View Post
    Yes disappointing I received 18% in the CR
    My bad appears I have the same as others 11.4% if calculated from record date

  8. #2378
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    That would make sense, IFT issued just over 10% more shares through the equity raising (around 60 million new shares and existing shares on issue was 660 million). To maintain your same % shareholding in the company following the raise you would expect to receive around 10% of your existing shareholding.

  9. #2379
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    I'm on 11% too. The offer was pretty clear it would be scaled based on holdings so not too surprised - I optimistically put in enough to add 50% to my holdings but sounds like some of you were even more optimistic than me.

  10. #2380
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    Absolutely meaningless amount, am quite annoyed about this. What was the point of having this retail rating if they are not going to give people a sensible number of shares. Tied up 50k for weeks just for a few shares, pointless. Maybe that was their plan to skim off all the interest

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