If the scaleback works like the COH scaleback your low bid will only cap the max you can obtain. i.e. if you subscribed for $5000 worth and your holding allows you to obtain $3000 worth you should still get all of the shares. I assume you did subscribe for one of the 'allowed' $ amounts outlined in the SPP booklet. I think these were something like $1K $5K $10K and so on.
Agree that if any NZ posters could say if they got an allocation today that would be helpful.
Ann: AIA NZ$200m Share Purchase Plan Oversubscribed, page-11
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$7.04 |
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| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5054 | $7.02 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.05 | 5561 | 4 |
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