I am told BHD Benjamin Hornigold LIC, global trading hedge fund run by same people as Henry Morgan HML, has had its IPO significantly oversubscribed and there will be scale backs for all applicants who applied for more than $2K.
Listing on May 10 and there may well be a stag given high demand.
I applied for $10K.
Interesting options, don't expire for 3 yrs. Wonder if these will be a drag on shareprice performance or not.
