If you've only had 1,000 shares and applied for the full quota, why did you only have 1,000 shares?
If it was a good investment, and you had $30k to spend, surely you'd have more than 1,000 shares that you could have bought for well below $1.25 a few short weeks ago. You would have then received a bigger allocation.
I think it is more than fair that the longer term holders with larger investments (more risk) are the ones that should benefit from the price arbitrage(the superannuation situation aside).
One of the better approaches I've seen.
Ann: Share Purchase Plan Closes Oversubscribed, page-50
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