BRU 2.44% 8.0¢ buru energy limited

spp scale back

  1. 698 Posts.
    Hi All

    In an earlier post I mentioned that I would apply for less than the full allocation of $15000 (9091) shares. This is because at the time I did not know that the offer would be scaled back on a pro-rata basis. I take it that this means each request for shares will be scaled back by a percentage of the number requested.

    In this event, applying for the less than the full allocation would result in me receiving less than those applying for the full allocation.

    So I will indeed be applying for the full allocation. Just thought I'd clear this up because I wouldn't want anyone to miss out if they were thinking the same way, or stupidly following my advice.
 
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