MEL
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0.00% 0.6¢ metgasco ltd

the spp scale back does not make sense, page-3

  1. bagasas
    534 Posts.
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    10/12/09
    22:43
    Post #: 6030237
    44% oversubscribed means they got $144 for every $100 they were seeking. Therefore you will get 100/144 = 69.4% of the shares you applied for.
    MEL Price at posting: 68.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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