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Received 20% of my requested broker allocation.
How do you know your allocation already? I just paid the money. Wonder how long a refund will take.
Received a letter (via email) of allocation stating the dollar value. How many shares that actually buys is another question.
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I paid earlier last week and no info yet re allocation.
Record Date for Policyholder Offer and Employee Offer | 11.59 pm (AEST) 27 September 2014 |
Retail Offer open | 28 October 2014 |
Retail Offer closes and Applications due | by 11.59 pm (AEDT) 14 November 2014 |
Final pricing and basis of allocation announced | 25 November 2014 |
Expected commencement of trading on the ASX (on a conditional and deferred settlement basis) | 25 November 2014 |
Settlement of the Offer | 28 November 2014 |
Transfer of Shares under the Offer (trading on an unconditional and deferred settlement basis commences) | 1 December 2014 |
Expected dispatch of transaction confirmation statements | 4 December 2014 |
Shares expected to begin trading on a normal settlement basis | 5 December 2014 |
First settlement date of all ASX trades | 10 December 2014 |
Expected first dividend payment | September 2015 |
I wouldn't go near them with a barge poll.
Essentially you are buying into an industry with a diminishing client base with exponentially increasing amounts being paid out as well as no dividend for at least 12 months.
I wouldn't go near them with a barge poll.
This summary of the prospectus has been posted on the SMH.
Six charts to see before buying Medibank shares
I agree with most of your comments.Essentially you are buying into an industry with a diminishing client base with exponentially increasing amounts being paid out as well as no dividend for at least 12 months.