1MC 16.7% 0.3¢ morella corporation limited

Ann: Application for quotation of securities - AJM, page-26

  1. 5,173 Posts.
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    Yes Marfox, that is what I calculated and expected most people would (approximately) get, about 65%.

    $2 million quota limit, and $3.1 million applied for = (2/3.1)*100 = about 65% of the shortfall each person applied for.

    Of course, there may be a couple of other factors applied that we are not aware of, which means some people may vary slightly from this, depending on the original number of shares they held, and perhaps the time held, though I'm not sure what they all mean or how they might be applied, so it's just guessing and supposition really.

    It looks like AJM, or should I say Morella, is all set to go now, perhaps listing on a deferred basis on Friday under AJMN, but we'll have to wait until Friday to be perfectly sure I'd expect, because there could be further delays depending on the ASX regulations, which I'm by no means an expert on.

    Cheers,
    Gw
 
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