SKO - Serko.com

[Balance]

I wonder what the average holding is?

At the last annual report, the average shareholding of the 1,870 shareholders (excluding the big holders) was 6,028 shares.

# shareholders Average # Shares
659 572
700 2844
256 7862
255 27028
Total 1870 6028

[Timesurfer]

Being above average I might get half my allocation then

Hopefully some of that missed out money ends up on the open market - as opposed to a flood of easy money shares (although I suspect most of those who got any significant number are accumulators).

Pity interest rates are so low, the "borrowed" money would be a good earner for the company otherwise!

[Balance]

Being above average I might get half my allocation then

Hopefully some of that missed out money ends up on the open market - as opposed to a flood of easy money shares (although I suspect most of those who got any significant number are accumulators).

Pity interest rates are so low, the "borrowed" money would be a good earner for the company otherwise!

Another way to estimate what one may get would be to divide the $5m by the # of shares (11.27m) held by the 1,870 shareholders (assuming all applied) = 44 cents worth per share.

So if you have 20,000 shares, you will get $8,800 worth of shares.

If you have 1,000 shares, you get $440 worth.

Anyway, all will be revealed soon enough.

PS. Was lovely in the old days when one was able to buy $100 worth of shares in a company to obtain $5,000 worth of shares in a SPP! Then, they changed the rules.

[RupertBear]

Another way to estimate what one may get would be to divide the $5m by the # of shares (11.27m) held by the 1,870 shareholders (assuming all applied) = 44 cents worth per share.

So if you have 20,000 shares, you will get $8,800 worth of shares.

If you have 1,000 shares, you get $440 worth.

Anyway, all will be revealed soon enough.

PS. Was lovely in the old days when one was able to buy $100 worth of shares in a company to obtain $5,000 worth of shares in a SPP! Then, they changed the rules.

I was hoping some clever person would come up with a guesstimate of what we might get, thanks Balance

[BlackPeter]

I wonder what the average holding is?

Just open the last annual report and check under shareholders. This will give you the total number of shareholders.

Now take the total number of issued shares from the same annual report and divide it by the number of shareholders. Bingo.

[smartbomb]

Well where there is a large institutional component in a CR the instos insist on a fairly paltry retail SPP component (if SPP unavoidable) as they do not want to be diluted. SKO might have preferred just to do an allocation to instos as it is quick way to raise big lumps of cash and SPPs cost a lot to do especially involving both ASX and NZX but SKO probably suspected that retail holders would scream hence the paltry SPP.

Maybe next time they will do a rights issue and then everyone get treated fairly.

[sb9]

Interim results for period ended 30th Sep due out tomorrow followed by conf call at 11.30am. Hopefully they'll provide more colour around future direction in relation to Booking and any other snippets of interest.

[Balance]

Interim results for period ended 30th Sep due out tomorrow followed by conf call at 11.30am. Hopefully they'll provide more colour around future direction in relation to Booking and any other snippets of interest.

http://nzx-prod-s7fsd7f98s.s3-websit...553/312186.pdf

[winner69]

http://nzx-prod-s7fsd7f98s.s3-websit...553/312186.pdf

Still a case of believing the story

Always good to buy at $3 odd even though not really understanding how they’ll ever make any money.

[Timesurfer]

Producing more gold than some gold mines