The balloting results for ValueMax is out and i need to analyze why my 'red underwear' is no longer effective. Nothing again! :-P
The balloting table is as above. The public tranche of 5m shares were 146x subscribed. Those who applied for 100 lots got the "bulk" of the IPO at 8 shares each.
It is interesting to know that "Han Seng Juan" is one of the placee and he used to be a "star broker" at UOBKH. We shall see if he has a "positive" impact on the shares tomorrow.
Good luck to those who managed to get it.
