A Path to Forever Financial Freedom
HRnetGroup Limited - IPO Balloting Results
HRnetGroup Limited balloting results is out.
Placement of 85,682,000 shares is approximately 13.17 times subscribed due to strong demand from international and local institutional investors.
Public offer of 3,359,200 shares is approximately 68.34 times subscribed by retail investors.
Chances are actually pretty evenly big if you are one of them who apply to the shares.
9:50 means for every 100, 18 will get it. So the probability is quite high at 18%.
Most of the tranches applied between 100,000 to 199,000 with 30.2%.
I did apply 51,000 shares and still can't break my bad luck streak of not getting anything in IPO, sadly.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
