BLY boart longyear group ltd

gjw1957,Yes, I agree with you....some my be disappointed to find...

  1. 1,134 Posts.
    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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