The IPO of Digital Core Reit to 13.4m retail investors was 16.1 times oversubscribed.
The above is the allocation table.
I applied for 5,000 shares of Digital Core Reit IPO yesterday.
Today, I got my monies refunded entirely, less the 2 bucks.
This means I got nothing.
No luck. At least I tried though.
If I were lucky, I could have gotten 1,500 shares.
Moving forward, what will be my strategy for this new data centre Reit?
I intend to monitor the price movement for weeks.
Then be a sniper to fire first shot to initiate a small position when the opportunity arise.
Dollar cost average over time and build up a position of freehold data centre assets.