MichaelIrish
In general I agree with your comment that they they would turn away capital and I think this was the approach followed by the big 4 banks.
However, it is possible instos will not like retail investors getting too much at 26.60 when the current price is over $35 and will lobby MQG on this. Thus the possibility of a scale back if it is heavily subscribed.
Personally I think anything up to $500m will be allocated in full my MQG but they may scale above that.
mgq spp - scaleback, page-25
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Last
$224.91 |
Change
-1.640(0.72%) |
Mkt cap ! $85.72B | |||
| Open | High | Low | Value | Volume |
| $224.00 | $224.91 | $222.11 | $141.3M | 627.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24 | $224.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $225.00 | 23 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| MQG (ASX) Chart |