Anyone had notification of their allotment yet?
Printable View
Cheap as and a bargain
Rest assured there will be a few good announcements over the next few months and H1 will beat forecasts and the share price will be $1.90 to $2.00 by November/December and Claris will be selling 1/2 their shares.
Full year will be pretty good as well (by hook or by crook) and come mid next year Claris can sell the rest
Then what ---who knows
Punters who have been frightened off by Dick Smiths fiasco are missing out. Don't forget Dick Smiths weren't doing too badly and stil paying good dividends until that horrible PE outfit sold out.
How many shares are on offer? Most articles just give a percentage of the business but not actually mention the number of shares. At $1.55, are the number of shares constant?
The number of shares on issue on completion of the offer is listed as "254.1m – 355.1m " The number of shares being offered is 137.5m – 192.4m. At $155 it would be $355.1m (cf: http://www.sharechat.co.nz/pdf/Tegel.pdf)
Just got the confirmation from ASB and molting was so bad I only got less than 50% of what I applied for :mad ;: Looks like it will be a trial scamper on listing date.
Got just under two thirds of my app from craigs. Happy atp that the shares were priced at the bottom end $1.55 which increases the odds of a robust demand on listing and good early life for this company; and it minimalises the scaling too..