Auckland International Airport Limited (AIA)

[EighthWonder]

I applied for 2145 shares and got 39 😂

[tango]

I applied for 2145 shares and got 39 😂

What is that as a % of your current shareholding? Most people I know seem to have got around a third

[EighthWonder]

Yep that’s about right

[ratkin]

What is that as a % of your current shareholding? Most people I know seem to have got around a third

Yeah that is about what I ended up with, most of the 50k will be coming back

[JW Invests]

Applied for $50k but only 336 shares allocated, which is about 33% of my holdings on ex-date. Slightly disappointed but somewhat expected given the discount.

[EighthWonder]

Applied for $50k but only 336 shares allocated, which is about 33% of my holdings on ex-date. Slightly disappointed but somewhat expected given the discount.

It is disappointing, I didn’t anticipate such scaling.

On the other hand AIA must be thinking they could have made the offer at $5 a share or so and not taken such a hit. It’s such a fast moving situation i take it they wanted to ensure they sold them all. Time will tell.

[tango]

Applied for $50k but only 336 shares allocated, which is about 33% of my holdings on ex-date. Slightly disappointed but somewhat expected given the discount.

It would been fairer to offer an allocation plus an option to oversubscribe rather than tying up 50k for a week

That’s how VGL has arranged their offer. It makes it easier.

[glennj]

I got 89.5% of what I applied for and I previously held 20,000 shares.
I only put up $34950 not $50k though and I'd hoped/thought I'd get all I applied for.

[Jim]

I applied $50000 for a parcel of 2000 shares I received 672 shares and I applied $50000 for another parcel of 19000 shares I'm still waiting for the my entitlement. And my $$$ will be sitting with them till 8 May, Not happy @!&$#

[dibble]

I think AIA failed us, I guess they need to pander to the big boys but small "retail" shareholders make the registry more diverse, probably more loyal and the bourse more interesting. The retail offer wasnt underwritten which suggests the first billion was adequate. For example a direct entitlement, taking only the money we apply for, is a smoother, less opaque process for retail shareholders. Also a minimum parcel, say 1000, could easily be bunged into their spreadsheet before scaling the rest, avoids some silly numbers. This is the least enjoyable offering Ive ever participated in and shame on AIA. Pity we have no say in the companies we own.

Disc1: no fan of corporate arrogance
Disc2: now own silly number