Astrea VI Balloting Results are out!
Pretty good allocations across the board this time.
Anyone applying for $8000 and below gets what they applied for.
Anyone applying from $9000 to $15,000 gets $8,000.
Anyone applying from $16,000 to $29,000 gets $15,000.
And if you applied $50,000, you actually have a 50% change of getting $25,000, which is really great.
Had I known this, I probably would have upped my allocation in a big way.
Full table below:
Retail Tranche was 3.1 times subscribed.
This isn’t as strong as Astrea IV or Astrea V, but to be fair the retail tranche is bigger this time around ($250 million for Astrea VI vs $180 million for Astrea V).
Some more information below:
At the close of the Retail Offer at noon on 16 March 2021, the Issuer received over S$784 million of applications from a total of 25,511 valid applicants.
This equals 3.1 times subscribed.
The Issuer has allocated the Class A-1 Bonds, with all 21,220 valid applicants of less...