I also will be applying for the full mount. Yes. Many will not for various reasons.. The amount on offer has doubled..
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Would someone please be so kind as to update me on that the current discount to VWAP HBL are offering under their scheme, if any ?
Thanks guys....it's been a long day working the steam powered abacus and couldn't be bothered looking it up.
Might as well sign up for that as well as the SPP...no brainer applying for the full $15K worth of SPP in my opinion.
Pretty sure they take the whole application money and then refund after scaling right? I might only be able to scrap together 5k for my application :(
Thanks for the replies guys. I do have some money in a Rabosaver account earning very little interest so I better raid that after month end and apply for whatever I can afford.
Just because you can buy some shares cheaper tomorrow than what you can buy them for on the market today doesn't make it a 'no brainer' in my books. There might be reason to apply for shares under the plan, a syou can build up a small holding without incurring brokerage. By raiding the mattress and the flower pot in the garage? Surely this is only a great idea if you are sure that the discounted hsares you will get are good value. With fair value at $1.42, I think this is far from clear.
SNOOPY
I am buying mainly for the dividend and the potential upside in SP. Over 5% for HBL vs 2.75% on my Rabosaver. Lets just hope my car will get its WOF next month.