it was for both retail and institutions. The sore point was that institutions got a whole lot at no conditions whereas retailer had to be holders and only allocated a small amount and then were only allocated a % of what they applied for!
Retail were allocated 75% of what they applied for. Retail investors were prorated depending upon total retail applications. Maximum application was for $10,000 worth.
GBG Price at posting:
91.5¢ Sentiment: LT Buy Disclosure: Held
