IPO Allocation - Another 419 IN Disguise - Business - Nairaland
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| IPO Allocation - Another 419 IN Disguise by qimpex: 2:21am On Jan 29, 2008 |
Has anyone noticed the rate at which prospective investors' fund are refunded due to oversubscription of IPO?Imagine allocations of 1000 out of 50000 requested from NAHCO and 1000 out of 25000 for Dangote.Whereas the big guns are getting allocations of millions of shares. I think this is another way that the super rich are draining the struggling ones and hustlers.Nlanders over to you, what do you think? |
| Re: IPO Allocation - Another 419 IN Disguise by bjluv: 4:22am On Jan 29, 2008 |
na today?   To to the secondary if ya like yaself  |
| Re: IPO Allocation - Another 419 IN Disguise by edwardaigb: 10:00am On Jan 30, 2008 |
i have decided to stay off this public offers because they are nothing but rip off. I have decided to stick to the secondary market though expensive but it will save you the heart arches. |
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