FLCH Oversbcribed by 45 times

SL.Market · 1 FLCH Oversbcribed by 45 times Wed Mar 23, 2011 4:20 pm

SL.Market

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Can expect something............

http://www.cse.lk/cmt/upload_cse_announcements/2401300877596_.pdf

Rajitha · 2 Re: FLCH Oversbcribed by 45 times Wed Mar 23, 2011 4:31 pm

Rajitha

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SL.Market wrote:Can expect something............

http://www.cse.lk/cmt/upload_cse_announcements/2401300877596_.pdf

Don't know to be happy or sad:)
Its a good & undervalued (compared to last few IPOs) counter and I was hoping to even buy some shares if it trades below Rs 7. Its nice to know that I might get almost all the shares I applied for and it might trade actively in the first day.But that means I might be left between a rock and a hard place to figure out if to sell the share, hold or so buy considering it trades above Rs 7!

SL.Market · 3 Re: FLCH Oversbcribed by 45 times Wed Mar 23, 2011 4:39 pm

SL.Market

Vice President - Equity Analytics

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Rajitha wrote:

SL.Market wrote:Can expect something............

http://www.cse.lk/cmt/upload_cse_announcements/2401300877596_.pdf

Don't know to be happy or sad:)
Its a good & undervalued (compared to last few IPOs) counter and I was hoping to even buy some shares if it trades below Rs 7. Its nice to know that I might get almost all the shares I applied for and it might trade actively in the first day.But that means I might be left between a rock and a hard place to figure out if to sell the share, hold or so buy considering it trades above Rs 7!

PPL applied Check and drft around 400 million sheres...
300 x 40%=120 millions

We should deduct some with more than 20,000 shares applied...

Then almost all the shares will get those who applied upto 20,000

swan03 · 4 Re: FLCH Oversbcribed by 45 times Wed Mar 23, 2011 5:48 pm

swan03

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SL.Market wrote:Can expect something............

http://www.cse.lk/cmt/upload_cse_announcements/2401300877596_.pdf

How many shares we get then?

tkc · 5 Re: FLCH Oversbcribed by 45 times Wed Mar 23, 2011 6:47 pm

tkc

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swan03 wrote:

SL.Market wrote:Can expect something............

http://www.cse.lk/cmt/upload_cse_announcements/2401300877596_.pdf

How many shares we get then?

Everyone will get at least 2000 shares for sure.....

swan03 · 6 Re: FLCH Oversbcribed by 45 times Wed Mar 23, 2011 6:50 pm

swan03

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tkc wrote:

swan03 wrote:

SL.Market wrote:Can expect something............

http://www.cse.lk/cmt/upload_cse_announcements/2401300877596_.pdf

How many shares we get then?

Everyone will get at least 2000 shares for sure.....

banarahu · 7 Re: FLCH Oversbcribed by 45 times Wed Mar 23, 2011 8:38 pm

banarahu

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swan03 wrote:

tkc wrote:

swan03 wrote:

SL.Market wrote:Can expect something............

http://www.cse.lk/cmt/upload_cse_announcements/2401300877596_.pdf

How many shares we get then?

Everyone will get at least 2000 shares for sure.....