gjw1957,
Yes, I agree with you....some my be disappointed to find that they have sold more than they will get back....!
IMO....this time round it will be over subscribed and there will be a scale back.
What people need to remember is that there is only 250 million shares on offer this time round and lets say 25% of those want to offload them on the day they are issued, which is being generous I might add. That means there will only be another 62.5 million extra shares for the hungry instos to swallow up....! A peice of cake give 140 million were traded today.
BLY will move after the 2nd of November, as thats when all the cards are played.
Good luck to all.....
- Forums
- ASX - By Stock
- BLY
- terrible close
terrible close, page-8
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BLY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online