MichaelIrish
In general I agree with your comment that they they would turn away capital and I think this was the approach followed by the big 4 banks.
However, it is possible instos will not like retail investors getting too much at 26.60 when the current price is over $35 and will lobby MQG on this. Thus the possibility of a scale back if it is heavily subscribed.
Personally I think anything up to $500m will be allocated in full my MQG but they may scale above that.
mgq spp - scaleback, page-25
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Last
$228.53 |
Change
-0.990(0.43%) |
Mkt cap ! $87.10B | |||
| Open | High | Low | Value | Volume |
| $229.92 | $230.59 | $228.30 | $101.2M | 442.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 266 | $228.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $229.00 | 110 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MQG (ASX) Chart |