-
02-07-2020, 02:58 PM
#2371
Member
Originally Posted by freddagg
That was disappointing, I only got 11% more shares in the capital raise.
Was anyone different to that?
Received ~11.5% more as well. Applied for the maximum amount.
A little disappointed with the scaling, is there information on the methodology?
-
02-07-2020, 03:12 PM
#2372
Junior Member
Same here across 3 different applications for different amounts, 11.38% for all three.
-
02-07-2020, 03:15 PM
#2373
Junior Member
Same here across 3 different applications for different amounts, 11.38% for all three. Didn't apply near the max for any of them. My guess you initially got the minimum of what you bid or 11.4%
-
02-07-2020, 03:27 PM
#2374
Originally Posted by teabag
Same here across 3 different applications for different amounts, 11.38% for all three.
Oh, for the good old manual calculation days for such issues when one had a good chance of scoring with all three!
-
02-07-2020, 04:50 PM
#2375
Nest Egg
If it makes people feel any better, I applied for $30k, but only got $423 (91 shares)
i.e. 1.4% of application, and like other people, 11.4% of my holding. (801 shares)
.
-
02-07-2020, 04:53 PM
#2376
Originally Posted by Chickens
If it makes people feel any better, I applied for $30k, but only got $423 (91 shares)
i.e. 1.4% of application, and like other people, 11.4% of my holding. (801 shares)
.
Oh my, that's some scaling.
-
02-07-2020, 04:55 PM
#2377
Originally Posted by dreamcatcher
Yes disappointing I received 18% in the CR
My bad appears I have the same as others 11.4% if calculated from record date
-
02-07-2020, 05:06 PM
#2378
Member
That would make sense, IFT issued just over 10% more shares through the equity raising (around 60 million new shares and existing shares on issue was 660 million). To maintain your same % shareholding in the company following the raise you would expect to receive around 10% of your existing shareholding.
-
02-07-2020, 05:28 PM
#2379
I'm on 11% too. The offer was pretty clear it would be scaled based on holdings so not too surprised - I optimistically put in enough to add 50% to my holdings but sounds like some of you were even more optimistic than me.
-
02-07-2020, 05:52 PM
#2380
Absolutely meaningless amount, am quite annoyed about this. What was the point of having this retail rating if they are not going to give people a sensible number of shares. Tied up 50k for weeks just for a few shares, pointless. Maybe that was their plan to skim off all the interest
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks