• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

Missed IPO? Can anyone help me with this question?

Discussion in 'ASX Stock Chat' started by matty77, May 31, 2011.

Tags:
  1. matty77

    matty77

    Posts:
    423
    Likes Received:
    1
    Joined:
    Aug 21, 2009
    I applied for some shares for Royal Wolf, (recent IPO) which were listed on the stock market today.

    At the time I didnt have enough money in my account, and when I called Commsec, finally got an answer after 2 days that it was too late. (I was not happy considering they didnt return my calls from the previous day so I missed the IPO grrr) I had applied online and it was confirmed through commsec.

    Anyway now the $4k has been taken out of my account even though I was told I didnt get any, plus now I have a stock in my portfolio called RWHYY, does anyone know what the YY stands for?

    I hope this makes sense.
     
  2. Country Lad

    Country Lad Off into the sunset

    Posts:
    838
    Likes Received:
    79
    Joined:
    Jul 11, 2005
    This may explain it to you. The codes were RWHYY - Broker firm offer and RWHXX Institutional Offer.

    Cheers
    Country Lad
     

    Attached Files:

  3. matty77

    matty77

    Posts:
    423
    Likes Received:
    1
    Joined:
    Aug 21, 2009
    ah yeah thanks for that, I understand it now!

    and even though Commsec told me I wouldnt get any I did infact get some, so im happy now!
     
  4. burglar

    burglar

    Posts:
    3,661
    Likes Received:
    1
    Joined:
    Nov 22, 2010
    Have you still got them?
     
Loading...

Share This Page