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Sofia, I had a look into the WOA share purchase plan (dated 19...

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    Sofia, I had a look into the WOA share purchase plan (dated 19 October 2020) and the wording of the scale-back provision is slightly different:

    https://hotcopper.com.au/data/attachments/2686/2686972-d79521df50255ab33f9a1eba60ac72ed.jpg

    As @HarryDavid and I have noted, the ID8 SPP provides that the directors may, in their absolute discretion, scale-back applications on an equiatable basis. This implies some sort of pro-rata scheme. The WOA SPP does not specify any basis for the scale-back - it was simply at the directors discretion.

    For this reason, I agree with @HarryDavid that unless you bid some miniscule amount you are likely to receive at least a partial allocation of shares.
 
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