Only 64.7% of the total number of units offered under the preferential offering were subscribed for.😱😱😱 The joint lead managers, bookrunners and underwriters Citigroup, DBS and UOB have agreed to subscribe for the remaining units that were not subscribed for.
This means that if the bookrunners dump the shares.... CapLand Ascott will face another round of selling pressure.
Resistance: 1.025
Coffee ranges 1.01-1.015
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Furore
:
Only 64.7%... When rights first came out, already drop to 1.00-1.02... Shortly after drop before 1.00. Why still got so many goondus still subscribe at 1.025? Speechless...
Furore
Stock Watch
OP
:
Rights issue price is fixed Not like stock market There is no need to rush in to buy even if true Allocation for over subscription is also by balloting, not first come first serve basis Should wait a while and see No wonder there is this saying "Only fools rush in..."
The One and one : I also didn't subscribe. just bought @ 0.98. lol
Stock Watch OP The One and one :
Stock Watch OP The One and one : Still can wait for cheaper ranges after the new units flows into the market
The One and one Stock Watch OP : yes. waiting at $0.93
Stock Watch OP The One and one :
101553787 : A cheaper way to raise fresh funds instead taking more loans from bank
Stock Watch OP 101553787 :
Furore : Only 64.7%... When rights first came out, already drop to 1.00-1.02... Shortly after drop before 1.00. Why still got so many goondus still subscribe at 1.025? Speechless...
Stock Watch OP Furore : cos they hope the price will move up after reading those ido*** reports .tp 1.28-1.38
Furore Stock Watch OP : Rights issue price is fixed
Not like stock market
There is no need to rush in to buy even if true
Allocation for over subscription is also by balloting, not first come first serve basis
Should wait a while and see
No wonder there is this saying
"Only fools rush in..."
View more comments...