KNI 4.88% 21.5¢ kuniko limited

I still don't understand how those of us that are VUL holders -...

  1. 727 Posts.
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    I still don't understand how those of us that are VUL holders - received the email telling us we have a priority allocation - submitted our funds on time - and got nothing.

    How does that work???

    In reality - based on my VUL holding i was only eligible for 500 so it really doesnt matter - but I just dont understand the process.

    Is it because my 500 priority < $2,000 - is there an ASX rule or law that says i must be fully filled or 0?

    I dont think so because i've participated in rights offerings based on my holdings before, same BPAY type system, and I've always got them and it's not always over $2,000.
 
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