Not happy about the change from first in, best dressed to pro-rata. Would like some clarity of what pro-rata means? If it is based on your holding, I don't expect Link to be clever enough to consider our whole holdings, only the account that we applied from the shares on which in my case is my smaller holding. I can understand why they increased the time and the amount taken because they really want to maximise goodwill from shareholders and there would have been an uproar from many if it had closed after 3 days. Anyhow, it closes tomorrow and we get our shares on Friday so we should have an announcement either tomorrow or Wednesday with the scale back details once they know the full amount they have received.
Apologies for being repetitive but this is important now: Do NOT forget to load your electronic banking details on Link. BPay payments cannot be reversed like credit card payments. If you are scaled back, you will either get a direct credit or a cheque and the time difference between the 2 payment methods could easily be a couple of weeks.
IVZ Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
I can understand why they increased the time and the amount taken because they really want to maximise goodwill from shareholders and there would have been an uproar from many if it had closed after 3 days. Anyhow, it closes tomorrow and we get our shares on Friday so we should have an announcement either tomorrow or Wednesday with the scale back details once they know the full amount they have received.
