ARV - Arvida Retirement Villages

[trader_jackson]

I thought a about 75% subscription/uptake was pretty good - especially given the recent addition of new (and former ) shareholders
I will be surprised if the shortfall bookbuild is more than a few cents below $2 (ie much stronger than the rights issue [$1.85] and at or above the placement [$1.96])

Done and dusted at $1.96 - inline with what I expected and certainly quite the premium to the rights issue - ARV now a pretty sizable company with a very strong and diversified foundation.

[ronaldson]

Jarden Direct clients must have experienced very minor scaling at $1.96 in the shortfall bookbuild ( at least my Trust did ). Only applied for $3500 worth as no additional cash available, but now have a modest holding in aggregate accumulated via the placement, rights issue and bookbuild. I like it that Jarden's don't charge brokerage in any of these circumstances.

[biker]

Ended up with 90% of the extra applied for in the book build. Allocated today.

[dabsman]

Jarden Direct clients must have experienced very minor scaling at $1.96 in the shortfall bookbuild ( at least my Trust did ). Only applied for $3500 worth as no additional cash available, but now have a modest holding in aggregate accumulated via the placement, rights issue and bookbuild. I like it that Jarden's don't charge brokerage in any of these circumstances.

ForBarr certainly charged me! I was scaled a bit - received about 70% of additional I applied for with that holding. Waiting to see what I got from Sharesies but not expecting many haha

[Beagle]

Ended up with 90% of the extra applied for in the book build. Allocated today.

Yes, looks like I got about the same. Happy with that.

[glennj]

Ended up with 90% of the extra applied for in the book build. Allocated today.

Just worked out what percentage of the extra shares applied for that I got. It was also 90%

[Beagle]

ForBarr certainly charged me! I was scaled a bit - received about 70% of additional I applied for with that holding. Waiting to see what I got from Sharesies but not expecting many haha

That's Forbarr for ya. Looks like you were scaled and charged more than others.

[dabsman]

That's Forbarr for ya. Looks like you were scaled and charged more than others.

Was charged for the initial placement I should clarify. Sharesies didnt charge anything. ASB didnt participate. Got myself about as much as I thought I would - actually slightly more probably. Will add over time. It is only 10% of my OCA and 6% of my SUM holdings in size so rounding error at this point. I like what they are doing and have held quite a bit in the past. Participated in the offers over the last 5 years - I can remember 2 others but I'm having a wine so who knows there was probably more. Main thing to me is their ability to purchase and integrate villages to become earnings accreditive so quickly without any real fuss.

[Beagle]

I can confirm on the contract note issued to me there was zero brokerage through Jarden for the initial placement at $1.96
Clearly there won't be any on the rights issue through entitlement and the extra shares I also applied for to ARV directly in that process.
I think this was a very good acquisition at a material discount to NTA, NTA that had already been materially adjusted by CBRE in their valuation for weathertightness issues.

[flyinglizard]

Have not received anything from ASB Security. I have not seen any new shares allocation in my account yet.