Further to my posting, I received some queries from readers on why they never get a single share when they apply for the recent IPO.
The answers to your question ….
(1) It is not guaranteed that you will get what your applied for, in fact, there is a very high chance that you will get nothing and your $2 ATM fee is “wasted”.
(2) Even if you are successful in your application, you will probably get less than what you applied for.
The IPO balloting results will usually be announced the day after the IPO closes on the sgx website
. So look out for it or you can check this blog, if I am not lazy, i will most likely post the results.
The picture below shows you how to read a balloting table.
Step 1 – Look for the red column to find what where your …