i doubt all those medibank private members will apply. always its a small % of the total. they might own shares, but they dont have any cash for buying MPL. average joe need their money for their holiday, car, house etc etc.
the newspaper said 250,000 general public applicants expected.
It’s expected that at least half of the $4 to $5 billion of shares to be sold by the Federal Government will be offered to retail investors in parcels averaging about $8000.
On these numbers, more than 250,000 Australians could become Medibank shareholders.
