Originally Posted by
belgarion
The Genesis sale is different to the previous asset sales, with institutional investors and sharebrokers competing for up to 400 million shares - 40 per cent of the company - ahead of retail investors.
The retail offer, where retail investors will buy shares, opens at 12.01am on Saturday. Retail investors will be offered up to 90 million shares, although about 15 million of these have been set aside for the loyalty bonuses.
Retail investors will be offered one bonus shares for every 15 they already own for one year.
Huh? Poor reporting? ... So if you buy through your broker - Are you a retail investor or not? Instos don't get the bonus shares??