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Member
Gentrack heavy scaling means this is where some of my funds are being invested in... any news of Serko being scaled?
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Originally Posted by sharp
Gentrack heavy scaling means this is where some of my funds are being invested in... any news of Serko being scaled?
I'm picking this one will also be brutally scaled like Gentrack and don't forget its a smaller offer.
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Member
Originally Posted by sharp
Gentrack heavy scaling means this is where some of my funds are being invested in... any news of Serko being scaled?
I can only imagine, as they are only offering 20 million odd worth i think we be lucky to get more then a few percent of what we apply for, my money went out last night though.
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Originally Posted by Harvey Specter
not closed, it has only just opened. I assume that is his best guess.
Not best guess - fact.
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Originally Posted by Balance
Not best guess - fact.
I'll call you on that. Scaling could well be worse if Gentrack is anything to go by!
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Strange the debit from my account was titled 'Hunter Downs Serko limited' ?
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Applied for $11,000 worth, so will probably get $2,500 worth
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Just got this e-mail and sent my application off. For lot less than I wanted though. DYOR!
Dear xxxxxxx
Further to the email earlier this week, Serko is receiving strong demand from investors. If you wish to subscribe for shares in the Serko IPO, we encourage you to action your application ASAP. The retail pool is likely to be closed early and possibly at very short notice.
You can apply online at www.serkoshareoffer.co.nz
Kind regards.
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Just a quick question I couldn't answer straight away to my friend. What if one only applies for the minimum and it's heavily scaled back does it mean that the application might not be successful?
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Originally Posted by silu
Just a quick question I couldn't answer straight away to my friend. What if one only applies for the minimum and it's heavily scaled back does it mean that the application might not be successful?
I think they have full discretion. You could still get scaled below the minimum application, provided it is a marketable parcel which is normally about $500 (there is a set minimum of shares per price band per NZX rules). Or they could give none or they could give all.
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