Of late refunds for scale backs have been EFT straight back into...

First 26 Last

Share
Profile

Follow
dontfollowme

2,069 Posts.

319

27/11/20

10:33

Post #: 49184464
Share

Originally posted by SofiaC: ↑

Hi
Actually there is no guarantee to get a pro rata allocation when it’s at ‘Director’s Discretion.’ Some investors may get pro rata. Other investors may get none. It’s a lottery.
Funds will be tied up for several weeks and will likely get returned as a cheque which takes days (If not a week) to clear.

I know cause I participated in the WOA CR recently and got nil for a 20k offer. I subscribed as soon as the CR opened.

Employees of ID8 will likely be given preference in this CR.

I prefer to hold and buy more on the dip, than risk a CR unless all subscribers are guaranteed to get some of their allocation. Else all you may end up with is no shares, a huge hassle and the opportunity to ‘pump’ the stock for others on the news of an ‘over subscribed’ SPP.

My recommendation is to wait to the last minute (allowing time for EFTPOS transfer) before deciding to participate.
The SP might be close (or below) the SPP price at this point anyway.

Expand

Of late refunds for scale backs have been EFT straight back into your HIN nominated account...if you don't have 1 in place its something to get sorted before sending the $$. Easy to do through your online platform or share registar. Cheques usually ony issued to those without EFT options.
Scalebacks are a biatch but part of the process unless the BoD decide to take all comers.

ID8 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

NHF

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

MKT

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

ACW

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

Trump is President Again: What Does This Mean for Crypto?

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

First 26 Last

Add ID8 (ASX) to my watchlist

(20min delay)
Last 2.4¢		Change 0.006(33.3%)		Mkt cap ! $15.61M

Open	High	Low	Value	Volume
1.8¢	2.4¢	1.8¢	$145.1K	6.852M

Buyers (Bids)

No.	Vol.	Price($)
1	50000	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	247000	2

View Market Depth

No.	Vol.	Price($)
1	50000	0.023
2	350000	0.022
1	70745	0.021
1	318617	0.020
2	183000	0.019

Price($)	Vol.	No.
0.026	247000	2
0.027	180000	2
0.028	285000	2
0.029	370000	1
0.032	400000	1

Last trade - 16.10pm 12/11/2024 (20 minute delay)

ID8 (ASX) Chart

Of late refunds for scale backs have been EFT straight back into...

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

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

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

Trump is President Again: What Does This Mean for Crypto?

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Of late refunds for scale backs have been EFT straight back into...

Top Stories

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

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

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

Trump is President Again: What Does This Mean for Crypto?

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News