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 Originally Posted by noodles
How do you know this? The offer has not closed.
not closed, it has only just opened. I assume that is his best guess.
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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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Applied for $11,000 worth, so will probably get $2,500 worth
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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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