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clock Created with Sketch. 03/11/14
17:39
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Originally posted by Nani (MG)
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It is obvious that the Feds wants MBL to be owned by as many voters as possible. Hence it is extremely thinly spread. Say 500000 of the 750000 applies in retail. ( remember that all the broker firm guys who got nothin or pittens would be having a go into retail. I expect a minimum of $3 to $4 Bil from broker Firm to be at play in the Retail also With these guys and 500,000 applies at an average of $10 k per application we could have a total of at least $$ 8 bill to $ 9 Bil in retail also. Say $2 bill goes to retail. The odds actually looks way better in retail than in Broker firm isn't it. I changed my mind and will be having a go with various names in retail. Who knows, we may get 20% may be!!!!
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That's the spirit! A lot of mum and dad investors are generally only apply for $2k - $5k worth of shares.. Compared to broker firm bids where people generally bid somewhere between $100k - $millions..
