Urbanise, page-10

hi dimaz. the min application is 4000 lots as per the prospectus.

but JG might have connections with ktm, suggesting if we apply 4000, we only get 2000($1000) max which is hardly anything.

but it makes sense, say they give to first 500 applicants that apply and each get 2000 shares, thats ~1,000,000 shares under the public pool, and also gives good spread the 500 shareholders required, and usually they want more than the min(which is 400).

makes sense, as 40,000,000 shares under the offer, most of that(98%) would be locked up to instos and boutique high net worth clients of ktm.