Normally I think that the usual way of handling the distribution of shortfall shares where there are more application that shares available is to set a ratio
So say there are 100 shortfall shares available but applicants are asking for say 300. So each applicant would receive 1/3 of what they had applied for. I think that is the normal way rather than first come first served. The aim would be to give all applicants a fair share of what is available.
Normally I think that the usual way of handling the distribution...
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Mkt cap ! $3.752M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $77 | 51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 110953704 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.2¢ | 23763734 | 22 |
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| Last trade - 15.09pm 17/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.2¢ | 0.2¢ | 0.1¢ | 1049000 | ||
| Last updated 13.58pm 17/06/2024 ? | |||||
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