Thread: Bank PHB
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Old 4th April 2008, 09:45 AM
solademi solademi is offline
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Default Phb Ipo

Quote:
Originally Posted by Rapidresult View Post
House any news on this PO?
The info is that it is possibly over subscribed by over 200% and according to the rule, they can only absorb 25% of the excess. At the moment, we do not know what will happen and ow they could absorb more than that 25% otherwise, people will have lots of money returned but possibly not the same scale as Dangote IPO.
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