Vodacom BEE share offering

[JK8]

I got a refund, and I also got 100 shares... For some reason i feel better about it! Was happy to see my balance jump up an extra 17k!

 

[AirWolf]

I got a refund, and I also got 100 shares... For some reason i feel better about it! Was happy to see my balance jump up an extra 17k!

I got the sms advising about the refund from YeboYethu last week Thursday, but the money has not appeared in my FNB bank account as yet (just checked).

 

[AirWolf]

Got an sms today saying the refund couldn't be processed by eft, and they posted a cheque

 

[JK8]

Now im more upset, they listed on the JSE and they took my shares!

 

[AirWolf]

Got an sms today saying the refund couldn't be processed by eft, and they posted a cheque

Got my cheque on Friday.

 

[AirWolf]

So, did you guys receive your R45 dividend (per 100 shares)?

 

[phoneJunky]

Oh, that's where that came from

 

[AirWolf]

Oh, that's where that came from

Did you receive yours by EFT? I got a cheque in the post last week.

 

[blunomore]

LOL! U Guys are rich!

 

[phoneJunky]

I got my R45 through eft.

 

[AirWolf]

LOL! U Guys are rich!

IIRC, you also bought some of those shares.

 

[phoneJunky]

And remember they gave some shares back so its not per 100 shares it per 55 or something

 

[AirWolf]

And remember they gave some shares back so its not per 100 shares it per 55 or something

The shares refunded has nothing to do with the dividend. The dividend declared was R0.45 per share. So if you own 100 shares it is R45.00 dividend.

 

[phoneJunky]

But that's just it, I wanted 100 shares and only gave me 55 or 56 and refunded the rest or am I missing something

 

[AirWolf]

But that's just it, I wanted 100 shares and only gave me 55 or 56 and refunded the rest or am I missing something

I thought the minimum anyone could receive was 100.

So your dividend was 55xR0.45=R24.75?

 

[phoneJunky]

What was the maximum for 18.30? That's how much I wanted to buy, but got almost halve back

 

[AirWolf]

What was the maximum for 18.30? That's how much I wanted to buy, but got almost halve back

R18.30?

 

[phoneJunky]

No man the maximum amount of shares you could buy for 18.30 at some point you had to buy at 36.60 a share

 

[AirWolf]

No man the maximum amount of shares you could buy for 18.30 at some point you had to buy at 36.60 a share

I still don't have a clue what you are talking about.

The shares in the BBBEE offering were sold at R25 each and in lots of 100.

 

[JK8]

What was the maximum for 18.30? That's how much I wanted to buy, but got almost halve back

I think you talking about Sasol shares...