Australia's largest stock trading and investment forum Australia's #1 stock forum

ABB

Click for more information

2.56%

$3.81 aussie broadband limited

Ann: Share Purchase Plan Offer Booklet, page-35

First 35 Last

Share
Profile

Follow
dannyism

637 Posts.

46

16/09/21

15:41

Post #: 56122072
Share

Originally posted by smartbomb: ↑

Early closure has happened but is quite rare. There are all sorts of ways they can do a scaleback. However there is likely to be a minimum allocation, and after that the common approach is to apply a simple percentage scaleback to the various dollar applications (which can sometimes be very high, 50%+) and they can also do a scaleback that reflects the holding at the record date, or do something else. In my experience of a lot of SPPs over many years, they tend to give some indication beforehand if they are going to do some very fancy scaleback, and overall companies tend to prefer the approach which is simplest for the company. Where the scaleback could be high, as with ABB, selling after the record date expecting to get an equivalent number of shares back at a cheaper price is to invite disappointment into your life.

Expand

Yeah I sold all my shares and attempted to buy back ~double. Will see. I've only been a holder for about 4 months.

ABB Price at posting: $4.89 Sentiment: Buy Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

PME

Pro Medicus snaffles 5-year contract extension worth $32M for RIS technology

ASX Market Update: Index pulls back from record highs | October 16, 2024

JBY

James Bay latest lithium player to pivot to other metals amidst lithium slump

BM8

Battery Age Minerals gets set to capitalise on critical mineral demand

There are more pages in this discussion • 50 more messages in this thread...

First 35 Last

Add ABB (ASX) to my watchlist

(20min delay)
Last $3.81		Change -0.100(2.56%)		Mkt cap ! $1.126B

Open	High	Low	Value	Volume
$3.91	$3.93	$3.81	$1.102M	286.3K

Buyers (Bids)

No.	Vol.	Price($)
3	4531	$3.81

Sellers (Offers)

Price($)	Vol.	No.
$3.83	1099	2

View Market Depth

No.	Vol.	Price($)
3	4531	3.810
3	13586	3.800
1	3060	3.790
4	7685	3.770
1	685	3.760

Price($)	Vol.	No.
3.830	1099	2
3.840	685	1
3.850	3745	2
3.860	3745	2
3.870	685	1

Last trade - 16.10pm 16/10/2024 (20 minute delay)

ABB (ASX) Chart

SPONSORED BY