I've always pondered the same thing with regards to excess allocation. And if extras aren't allocated can they reverse part of a BPay? (sorry for the ignorance here, but I'm used to sending cheques - this is the first time I've used the BPay).
Applied for nearly 8k extra (as I was only entitled to 100-odd, being as my shares are a hangover from LST.)
I note from reading Stephen Mayne articles in the Age during the capital raisings last year he made a motza buy purchasing a $500 allotment and applying for more than his rights and generally being issued them...
Some companies have a plan for over-subscription, but i don't see one here, but as Caromb15 outlines above there will be plenty of holders who wont apply, so it may all even out in the end.
smeggett
CAH Price at posting:
$1.47 Sentiment: None Disclosure: Held