Siteminder (SDR) below $2.60. This will have an impact on the next NTA release by BTI. It’s likely the recent sale benefit from the InstaScripts sale will be negated by the fall in SDR. No news out from SDR so it’s possible it’s related to the general market trend of how unprofitable companies are being seen in the present environment.
Noob question here: Can only sophisticated investors apply for IPO's? I realise that there is no single vendor/website offering IPO's .we will have to go to different providers for different IPO's. I have never applied one in AU markets.
I applied Sunday (31/10/21) and was informed that offer had closed
Very unusual,in that offer period was so short, info received Friday October 29.
Not a good experience.
I put my application in on Monday and received a confirmation and payment acceptance yesterday. So hopefully get an allocation. (I only applied for the minimum). Weird that you got the closed notification @Xorbia.
One thing of note that I didn't quite understand was on my Automic registry it was showing an allocation value assigned in my holdings prior to my application. That was sitting at 3,601. Would this of been the scaled back allocation on a full subscription? Logging in again it appears that at this point in time I have made the cut.
Hi @feteguru
I thought I would start a thread based on your straw as I would also be interested to hear any other members perspectives. I received my offer documentation email through BTI today so planning on diving into that this weekend as I am trying to decide if I have enough exposure already through my BTI ownership. I have also never participated in an IPO so that's another minor factor that is drawing my interest.