Thread: Bank PHB
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Old 4th April 2008, 09:53 AM
timothywill timothywill is offline
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Quote:
Originally Posted by solademi View Post
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.
atleast fidelity was more oversubscribed than PHB, so why can they absorbed a considerable amount like fidelity did, i beg they must, is even a must for them to absorbed the same fidelity did, atleast they mention in their prospectus that their is no dividend for us for their year ending june 2008, so they should not be scare and just give us our 100% allotment (dreamer )
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