AIA 0.28% $7.06 auckland international airport limited

Ann: AIA strengthens its balance sheet with an equity raise, page-58

  1. 348 Posts.
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    At $200m only 4,000 shareholders can get the full allocation of $50k.

    There are 4,400 shareholders alone that own between 10,000 and 50,000 shares. There will be huge scale backs.

    The combined raise has added 20% of shares to the register, so at best, you will get allocated 20% of your holding at 3 April. If you have 5,000 shares you will do no better than 1,000 additional shares.

    Unfortunately the institutionional raise was such a large proportion that I suspect most people will get even less than 20% of their existing holding.

    if you have less than 50,000 shares you are almost certainly going to get scaled back
 
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