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clock Created with Sketch. 27/10/14
17:33
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Originally posted by nani
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A bit of latest info I must warn you not official news, heard from a reliable third party. Apparently there is $1.07 Billion bids roughly by instos in the Broker firm retail. This was as of last Wed apparently. So All the JLM's and Co Lead JLM's are removing the Fundies from their Broker firm Lists. It doesn't matter what $ amount you bid, if you are a Non Fundie we don't need to worry! The Feds apparently smelt the rat mid last week hence acted very quickly. As there are heaps of Govt floats in the pipeline to a tune of $200 Bil or so, Brokers don't want a risk as they could be black marked. I am wondering the following. " Does it mean we got more than what we are expecting and then The Feds might enforce the 20% Clawback Right"!!!!!
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Yeah.. Apparently small fundies did this on Healthscope IPO and got away..
