Hmmm I got scaled back...so maybe we may see a lift in price on debut to satisfy unfilled demand
Does anyone have an opinion about MRP... Will it receive a MELCA effect ??????
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Hmmm I got scaled back...so maybe we may see a lift in price on debut to satisfy unfilled demand
Does anyone have an opinion about MRP... Will it receive a MELCA effect ??????
According to the mail I received, you have been allocated exactly according to the sliding scale:
How your application will be scaled: You will receive: First $2,500 The full amount you asked for From $2,501 to $10,000 90% of what you asked for From $10,001 to $15,000 85% of what you asked for From $15,001 to $20,000 75% of what you asked for From $20,001 55% of what you asked for
I think we can thank the instos for forcing down the price of MRP and thus set up a bargain price for MEL......in my opinion their ploy has worked!! Expect to now also see a steady recovery in the MRP price from today.
I expect you will have new indicators to add to your charts.
Rainfall in each company's catchment area.!!
Rainfall relative strength.Rainfall volume,maybe a rainfall 30,50 and 100 day averages,and rainfall MACD.
I expect you to be the first with such detailed charts.!!!!!
Irrigation again.
From Port of Tauranga agm.Timaru Port's growth.More large irrigation schemes are being built in the area.
More electricity for 'well placed' Meridian to supply.
I hope Mighty River recover. I held mine and am still waiting for them to lift!
I've never owned installment shares before. Will the quoted selling price be at $1.00 + / - market movement or $1.50 +/- market movement?
I guess it's at $1.00?
My understanding after talking to a broker is that Treasury still wanted and advised English to set the price at $1.60 per share and there was more than sufficient demand to cover the IPO.
Common sense prevailed but institutions were severely scaled back.
The scene is set for Meridian to debut at $1.10 to $1.15.