NAB 1.42% $38.49 national australia bank limited

Interesting. Those who previously had the minimum 500 shares to...

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    Interesting. Those who previously had the minimum 500 shares to take advantage of the shareholder package and sold all prior to the SPP to lock in the profit with the intention of buying back in, will only get 202 shares. They will have to buy 298 more on market to retain their shareholder package membership.

    Luckily I held on to the minimum 500.

    My take is that if you applied for $15Ks worth, you get 201.25 shares which gets rounded up to 202.
 
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