An average application of NZ$15,000 is not that big, in the context of the NZ$50,000 opportunity.
So for shareholders with reasonable shareholdings, the scale back might not be overly material.
But why didn't they simply provide a table that presents a pro forma breakdown of how the scale back is proportioned, instead of everyone having to guess?
(Or is it able to be calculated on the basis of today's announcement, and I'm just too dumb to be able to work it out?)
Ann: AIA NZ$200m Share Purchase Plan Oversubscribed, page-4
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