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  1. #4491
    Investor
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    Jul 2014
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    5,647

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    Some serious scaling, only got allocated about 1/6 th of what I've applied for. You can check your holdings online via Computershare, hopefully they do refunds pretty fast too.

  2. #4492
    Guru
    Join Date
    Feb 2005
    Location
    Auckland, , New Zealand.
    Posts
    3,246

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    I applied for 10,000 and got them all.

  3. #4493
    Member
    Join Date
    May 2020
    Posts
    33

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    Quote Originally Posted by sb9 View Post
    Some serious scaling, only got allocated about 1/6 th of what I've applied for. You can check your holdings online via Computershare, hopefully they do refunds pretty fast too.
    Reminds me of the SKO placement (the one before the most recent one) which was well scaled back, while the last SKO one I got all I applied for. Given the PLX price is the same on the market today I guess I can fill up the difference if I want to...

  4. #4494
    Investor
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    Jul 2014
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    5,647

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    Quote Originally Posted by 777 View Post
    I applied for 10,000 and got them all.
    That's nice, I applied for $20k worth of shares...

  5. #4495
    Member
    Join Date
    Jul 2020
    Location
    Auckland
    Posts
    163

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    Quote Originally Posted by 777 View Post
    I applied for 10,000 and got them all.
    Luck you, only got 7.5% of what I applied for. Give me my money back quick hahaha

  6. #4496
    Member
    Join Date
    Apr 2014
    Posts
    442

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    I think the scaling must've been based on current holding because I wasn't scaled at all. I couldn't pull together as much cash as I wanted so didn't apply for a huge number of shares though.

  7. #4497
    Investor
    Join Date
    Jul 2014
    Posts
    5,647

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    Quote Originally Posted by mikeybycrikey View Post
    I think the scaling must've been based on current holding because I wasn't scaled at all. I couldn't pull together as much cash as I wanted so didn't apply for a huge number of shares though.
    I loathe these SPPs, would rather prefer a rights offer...

  8. #4498
    Outside thinking.
    Join Date
    Jan 2013
    Posts
    2,563

    Default

    Thanks for posting.... confirms my thoughts that the next customer could be an Au/NZ supermarket chain..... time will tell.

    Re scaling..... I got just over 50% of what I applied for. Onwards and upwards folks.

  9. #4499
    Advanced Member
    Join Date
    Jul 2007
    Location
    Hastings, , New Zealand.
    Posts
    2,472

    Default

    They stuck to the $5M
    They have alluded to more cap raise in future, so I thought they may have taken over subs, while the money was on the table.

    They either think the next lot will be at a much higher price, or the big $32M men said dont you share any extra lollies with those little boys.

  10. #4500
    Member
    Join Date
    Jan 2014
    Posts
    484

    Default

    The documentation was pretty clear scaling would be based on existing shareholding. I am a little annoyed not to be allocated enough to maintain my percentage shareholding despite asking for more than that - us little people have been pushed out by the big boys.

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