Govt details Mighty River share allocations, refunds for NZ individual investors
The government has detailed share allocations, and in some cases refunds, for New Zealand individual investors who applied for Mighty River Power shares.
The Crown only guaranteed share allocations for investments up to $2000, with the possibility of extra allocation promised to those who were among the 440,000 who pre-registred (113,000 of whom bought shares), depending on institutional investor demand.
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Mighty River shares will list at $2.50, 12.30pm Friday.