Originally posted by foo ling yu
We will know around the end of next week, if they don't have enough, they'll likely announce an extension of closing date. Then the broker will cold call eligible holders begging for your money lol. You will then be concerned, after that they will announce that it closed oversubscribed either by spp or by new placement to sophisticated investors.
The scenario playing out in your head is highly highly unlikely. Far more funding gets thrown at far lesser opportunities than this.
Im still betting on oversubscription.
all is good if it’s oversubscribed.
Question is what if it’s not? Where is the funding gonna come from? This concern me a bit
