Yep, that is my understanding!
I still think they stuffed this up, as the % allocated to Non-insto existing shareholders should have been higher (or able to be higher).
It just shows they wanted INSTO support (to guarantee raising) and were happy to sacrifice Retail Investors.
Ann: NAB announces results of Share Purchase Plan Offer, page-38
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Last
$37.24 |
Change
-0.450(1.19%) |
Mkt cap ! $114.7B | |||
| Open | High | Low | Value | Volume |
| $37.15 | $37.30 | $37.10 | $178.5M | 5.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4704 | $37.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.25 | 1367 | 11 |
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| Last trade - 15.30pm 19/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |