Oversubscribed - How much will small investors get12 May 2020 08:21
Will be interesting to see % individual allocated.
Another example of PI getting shaft for large investors benefit, especially as non-holders can partake.
Sounds like some could get 100% application and others 0%.
No doubt those who asked for large amounts get full % and smaller ones get zero.
Expect a lot of placing shares to get dumped straight away, especially if SP stays the same. Buy placing 80p sell 160p+ will be too hard for lots to resist. Especially institutional investors. Double money for next to no risk.