SSC 0.00% 1.1¢ sultan corporation limited

How can something be "over subscribed" if there was no...

  1. 324 Posts.
    How can something be "over subscribed" if there was no prospectus stating number of shares on offer.

    They can raise a maximum of $4m. If there was such a demand for these shares then the company would offer them at the highest price possible. This doesn't look like that is happening. So "over subscribed" - absolute rubbish.....
 
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Currently unlisted public company.

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