re: Ann: Allied completes oversubscribed $10... I worked it out to be 17.9%
i worked it out to be 17.9%
offer document page 12
raising $10,431,885 at 5 cent a share
actual raised = $9,077,370
$10,431,885 - $9,077,370 = $1,354,515 shortfall
$1,354,515 (needed) divided by $7,560,622 (paid up shortfall) = 0.1791539108819354% per application.
so roughly 17.9% of what you applied for in the shortfall and the rest you get refund cheque.
Ann: Allied completes oversubscribed $10.4 milli, page-36
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