AXE archer materials limited

My assumption is it will be a similar scaleback as what we saw...

  1. 601 Posts.
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    My assumption is it will be a similar scaleback as what we saw at the LIS Ipo. Everyone gets $2500 and the remainder of your application amount will be scaled back by roughly 70-75%. So if you applied for 12.5k, you would get 2.5k plus roughly 3k as a 70% scaled back portion of the remaining 10k.

    We will see once those allocations start showing up on our trading accounts.
 
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