Regency Petroleum: Basis of Allotment for their IPO – Initial Public Offer, Ready to Go!
Well, the numbers are out…
Investors who applied to become shareholders in Regency Petroleum IPO, for the “general pool” the most important pool, will get, their 1st 10,000 shares, and thereafter, they will get approximately 5.3% pro-rata share allocation.
It continues to show, SMEs, the smaller IPOs – Initial Public Offers, if you can get in them, that is where, there is some serious “alpha”, meaning upside. The oversubscription rates continue to be very high, despite Mr. Market being softer.