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There is usually a bottom level where you will get all the...

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cyw

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19/01/21

13:35

Post #: 50274742
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Originally posted by Insidiousd1: ↑

I have a question and its probably a simple one so sorry for being annoying. This is the first time I think ill try go for a full allocation. Obviously like everyone thinks its probably going to be scaled back.
q1. No matter how much i put in will it get reduced? Ie if i go 2k then thatll be reduced so i should always go 30k and try get as much as possible?
q2. If i go 30k and its reduced say to 10k they send a physical cheque for the 20k or is it electronic? Id be a bit nervous having 20k in a physical cheque just going through the australia post

thanks all

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There is usually a bottom level where you will get all the shares you apply for and above which your allocation will be scaled back. If you only apply for $2000, you will probably get it all.

However, the final decision is with the board.

UWL Price at posting: $1.86 Sentiment: Buy Disclosure: Held
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