NCM 0.00% $23.35 newcrest mining limited

My two bobs worthtwo factors to used and allocation is the lower...

  1. 342 Posts.
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    My two bobs worth
    two factors to used and allocation is the lower of

    Number of shares you hold prior to SPP [ say 7000 ]
    Total shares on issue prior to app [ my workings approx. 80,825,940 ]
    Divide shares you hold by total shares on issue currently
    and multiply this amount by new assumed shares on issue 80,825940 plus new ones 7,8000,000 i.e. 88,625940
    works out to be 7675 which means I get 675 new shares (7675 - 7000 ) because it is lower than my application amount in my case and I get a refund for the balance,

    any one disagree with my methodology

    Cheers



 
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