NCM 0.00% $23.35 newcrest mining limited

Ann: Newcrest completes an increased Share Purchase Plan, page-41

  1. 217 Posts.
    lightbulb Created with Sketch. 19
    To many variables and unknowns.

    Small holder might have applied for 30K, but have only had 5K worth of shares at record date.
    Will be scaled to max 5K in any case i.e. by much more than 2/3. But we don't know how many of these.
    The scale back for these cases, then impact on what's left to distribute to the others who had more holdings than shares they applied for.

    Agree with previous poster. All will be revealed on Friday or Monday.
 
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