The results many investors are awaiting for is out finally. As expected, both the public and private tranche were over subscribed by quite a number.

 

 

At the lower bands, the chances are actually greater than the higher bands by quite a bit, which is why the percentage of total number of units are slightly skewed to the left. If you are one of those who bids 1 to 49 lots, chances are you are more likely to get them as the percentage is more than/equal to 50%. I think with this result, we could see lesser people trying to flip tomorrow when market opens as they were only allocated 1-3 lots, which does not make it worthwhile to flip them.

 

I am, of course, writing this as one of the unlucky people who was not successful in the bids. My intention was of course to ...