GIR 0.00% $5.43 giralia resources nl

priority entitlement

  1. 473 Posts.
    the number of shares you hold will give you a higher pro-rata share in the priority IPO entitlement...

    eg... a minimum holding of 10,000 to 20,000 will get you the $2,000 entitlement

    but a larger holding (eg say of 100,000 shares, will get you a higher minimum priority entitlment to the Zinc Co float eg $4,500).

    don't confuse this with the in-specie distribution, as that too will be done on a pro-rata basis, depending on your shareholding...


    it will follow the same method the company used for UTO....

    My holding of 250,000 shares back then got me a priority entitlement of nearly 20,000 shares to UTO as opposed to the mimimum 10,000
 
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