Shares & Derivatives
MoneyMax – Balloting Results
By Mr. IPO  •  August 1, 2013

It is very difficult to get. The entire IPO was 24x subscribed and the small public float does not favor to retail investors. Once again, applying for many lots is no guarantee that they will give u sufficient shares. Perhaps it's time SGX expedite its plans to reform the IPO market for retail tranche.

Mr IPO's wifey account got nothing from the public tranche but managed to get 30 lots from placement for his personal account.

Let's see how the market will perform tomorrow. I hope to see some "fireworks".
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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