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Tuesday, 12 August 2014

IREIT Global - Balloting Results

IREIT Global's public offering received a strong support and was 7.6x subscribed. It will debut on 13 Aug 2014 at 2pm.

I would say that this is a strong subscription given the weak sentiments. Investors who applied for 50 lots will have a 68% chance and receive 9 lots.

It is interesting to note that Alan Wang from Asdew Acquistions is in this as well. His stocks such as QT Vascular and Starburst have been performing really well. Let's see if we can see some "magic" on IREIT tomorrow.

Happy IREITing

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