Purchase of more than share entitlement

[MACCA350]

Just reading through a share entitlement of new shares and noticed a section under the Important notes section that reads:

If the amount you pay is more than the amount payable for your full Entitlement, you will be taken to have applied tor such number of New Shares as your Payment will pay for

Now the Entitlement is 7 new shares for 10 shares I own. This gives me a limit to the number of new shares I am entitled to, yet the note above seems to suggest that if I pay for more I will get as many as I pay for..........looks like a contradiction, how would this work?

cheers

 

[jono1887]

Just reading through a share entitlement of new shares and noticed a section under the Important notes section that reads:


Now the Entitlement is 7 new shares for 10 shares I own. This gives me a limit to the number of new shares I am entitled to, yet the note above seems to suggest that if I pay for more I will get as many as I pay for..........looks like a contradiction, how would this work?

cheers

I think it just means if you pay more, it will be accepted that you want the maximum number you are entitled to