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17-04-2021, 11:52 AM
#8881
Applied for 50k, got just over 12%. You would think that they would have allowed over subscriptions. It would have been a cheap form of capital, and pay off some debt. Considering also the retail raising wasn't underwritten, and the institution raising cost them an underwriting fee.
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17-04-2021, 12:38 PM
#8882
Have been a long-term original holder. Decided not to participate in the latest cap raise due to concerns over house price direction and ability to control costs.
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17-04-2021, 02:15 PM
#8883
Originally Posted by Shareguy
Have been a long-term original holder. Decided not to participate in the latest cap raise due to concerns over house price direction and ability to control costs.
Beagle's back lol! Just kidding. These are valid concerns and part of the reason why I've got less than 20% of what I had a month ago. I may well regret that move, but was way too overweight in OCA and felt it was time for some broader diversification.
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17-04-2021, 02:32 PM
#8884
Originally Posted by Shareguy
Have been a long-term original holder. Decided not to participate in the latest cap raise due to concerns over house price direction and ability to control costs.
Retirement sector not the place to be since the government housing fix announced late March
Sector average down 2,7% while NZX up 2.9%
ARV the star +4.0% with OCA -4.3% / SUM -6.6% and RYM -7.8%
Your concerns might be well founded
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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17-04-2021, 06:35 PM
#8885
OCA only down because of the issue at $1.30
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17-04-2021, 06:53 PM
#8886
Member
Just saw an oca ad on tv one during the news. Haven't seen one before.
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19-04-2021, 09:19 AM
#8887
Member
So had time to check my paperwork in the weekend. I have heaps of OCA so just asked for $15,000 from the placement and I got the full $15,000 in shares. Requested via ASB Margin team. Not sure why I wasn't scaled but happy with that amount. Glad I didn't ask for $50,000 and no scaling...
I wonder why it wasn't scaled?
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19-04-2021, 09:21 AM
#8888
Originally Posted by dabsman
So had time to check my paperwork in the weekend. I have heaps of OCA so just asked for $15,000 from the placement and I got the full $15,000 in shares. Requested via ASB Margin team. Not sure why I wasn't scaled but happy with that amount. Glad I didn't ask for $50,000 and no scaling...
I wonder why it wasn't scaled?
You probably got about 13% or less of your heaps of shares ......you must have more than 90k shares
Scaling done on holdings ..not on what you applied for.
Last edited by winner69; 19-04-2021 at 09:25 AM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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19-04-2021, 11:22 AM
#8889
Member
Yeah I received 13.3% of my holding. I guess I’m happy, more would’ve been nice.
when are they sending the remaining cash back to my account.
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19-04-2021, 11:28 AM
#8890
Member
Originally Posted by HITMAN
Yeah I received 13.3% of my holding. I guess I’m happy, more would’ve been nice.
when are they sending the remaining cash back to my account.
Thursday 22nd
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