Well if it is an SPP then you are entitled to ask for $5k or sometimes $10k of shares, regardless of how much you own. Thats the big difference between an SPP and a pro-rata rights issue.
Sometimes, but very rarely, they get scaled back. QBE is the only recent notable example. They can choose any weird method they like to do the scale-back.
I suspect QBE was a scam, their figures did not make sense, I suspect a few instos managed to divide their holdings and make hundreds of separate applications somehow.
Well if it is an SPP then you are entitled to ask for $5k or...
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Last
$224.50 |
Change
-2.050(0.90%) |
Mkt cap ! $85.34B | |||
| Open | High | Low | Value | Volume |
| $224.00 | $224.75 | $222.11 | $95.18M | 422.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6 | $224.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $224.51 | 36 | 7 |
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| Last trade - 15.42pm 04/10/2024 (20 minute delay) ? |
| MQG (ASX) Chart |