
It can get pretty frustrating if u aim this IPO swee swee & applied for it. At the end of the day u didnt get any & the trading starts with a big bang !
Machiam like buying 4D but the number sold out, in the end open 1st Prize !

"my broker used to offer me minimum of 10 lots on placement shares...and another way to get it is through the distributor itself...getting from the conventional ATM or Internet way has a lower probability"
How to get it placement share through the distributor? Must I have an account with the distributor before I can get placement share from them?
Thanks
Does anyone know how the balloting system work. What are the chances of getting the shares you apply? Apply for 1 lot of R H energy share but did not get it. Is it true that the more lot that u apply for the higher ur chances will be in getting the share. What are the chances of getting the share if u only apply for 1 lot only..
Maybe (placement share) nobody want such shares, can very easy get 10, 20 maybe 50 lots, think oso U or any one of us oso don want too.
my broker used to offer me minimum of 10 lots on placement shares...and another way to get it is through the distributor itself...getting from the conventional ATM or Internet way has a lower probability
i tink placement shares is for big players like instituition etc.. small fish like us wanna nibble 1 2 lots they will say don't waste their time lar. so conclusion is unless you tell them you wanna say 10,000 lots? :P
What are the ways to get placement share? How much is the placement share. Will the broker give u the placement share even though u are buying only 1 or 2 lot only.
Thanks for the help