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.....
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