It appears to me from the various comments that there were perhaps just a relatively simple three tiers of allocation:
- long term holder 77%
- not long term holder & no trading in the SPP period 52%
- not long term holder & trading in the SPP period 25%
It doesn't appear that total holdings or size/timing of the application played a part in the allocation. As a much-tortured holder since 2013, I'm satisfied with getting 77% giving some recognition to TLG loyalty!
I'm surprised by the amount of reaction to the allocations - I'm not sure what people were expecting given the surplus applications, and particularly the warning issued regarding trading.
Regardless, it's time to move on & move forward
It appears to me from the various comments that there were...
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Last
61.0¢ |
Change
0.030(5.17%) |
Mkt cap ! $261.6M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 64.0¢ | 57.0¢ | $2.050M | 3.422M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50903 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 29998 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| TLG (ASX) Chart |