According to Uran, float was supposed to be today, I guess it's been delayed a day or so. I got my allocation, though my application was scaled back by 33%. According to Uran's April 27 announcementGot my letter today for my allotment, so hopefully this means the float is not too far away.
I note that the "to be announced" on commsec has changed to 23/05/2007
Obviously didn't happen today - does anyone know when it will float?
The oversubscription of the offer should be a good sign for the inital trading when it starts.
Not really, they had to turn away applicants, or at least reduce their allocations, for eample I applied for 15k and only got 10k.Wouldn't this mean that there has been too many shares issued and more likely to turn prices downward?
Regards
Larry
Yes, and the issued price is only at 20 cents per ordinary share, total letdown. Something aroung the 20 dollar mark would have been nice. lolAnnouncement out today saying that it will start trading on Tuesday 5th June at 12:30. Will be interesting to see what happens as there aren't a lot of shares on issue for this company with nickel potential.
BTW yelnats may I ask if the 15k and 10k refers to shares or dollar value? BTW yelnats may I ask if the 15k and 10k refers to shares or dollar value?Not really, they had to turn away applicants, or at least reduce their allocations, for eample I applied for 15k and only got 10k.
Mousie, I got allocated 10,000 shares, having applied for 15,000. Wish it was $10,000 worth of shares, after today's lift-off.BTW yelnats may I ask if the 15k and 10k refers to shares or dollar value? BTW yelnats may I ask if the 15k and 10k refers to shares or dollar value?
Yeah that's along my lines of thought; wasn't too pleased with getting only the minimum as well. If you'd gotten $10k worth I'd be expecting you to have held a lot of URA back then.Mousie, I got allocated 10,000 shares, having applied for 15,000. Wish it was $10,000 worth of shares, after today's lift-off.
Has anyone got any ideas as to the cause of today's run, maybe an ann. in the wind? Or maybe, the market is reassessing GTE's worth and perhaps it is apparent that it should have listed in the 40's on Tuesday.
regards YN
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