SAV 0.00% 0.3¢ savcor group limited

Apparently the team is in Melbourne and Sydney this week on...

  1. 2,615 Posts.
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    Apparently the team is in Melbourne and Sydney this week on their roadshow, after being in HK and Perth last week. The week prior they were in Israel at Watec Tel Aviv followed by London.

    Brokers who are meant to be "close" include Hartleys, Shaw and HTM Wilson.

    However, I strongly advise to just use the application form from the prospectus and enter as many
    10,000 share/$2,000 applications as possible because they'll definitely need spread.

    For those of you who don't know how it works, a company needs a minimum of 400 shareholders holding a marketable parcel ($2000 worth of stock). Each address can have up to 2 shareholders.

    I reckon your best bet of getting stock is by giving multiple family member names for $2000 (2 at each address). This way the company doesn't need to pay the broker any fees and you have an excellent chance of getting your stock as they'll definitely need spread. That's what I intend doing anyhow.
 
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