What was the formula they used for over subscription???
I phoned Computershare and asked what formula was used to calculated the amount of shares investors got for their oversubsciption.
The guy I talked to would not tell me although I was quite persistant. This information is surely public???
Anybody else knows how it was worked out?
Like is a series of calculated risks
Quote:
Originally Posted by
ratkin
Thx
Applying for the extra shares was hardly worth it , only recieved around 6o, but lost interest on 25k for about 25 days all up.
Who makes all the interest on the money they keeping ? Ebos or Computershare
Seriously, you applied for about 4,000 extra and only got 60 odd?
I guess you were looking to double your holding on the cheap.
Best Wishes
Paper Tiger