Strong response to stock offer
The government said there was a strong and positive response to its latest stock issue.
A total of 3,567 applications were received with a value of more than €242 million, dwarfing the value of €25 million of the two stock offers.
All subscriptions by individuals, which amounted to €55,347,400, were accepted whereas offers by institutional investors were allotted in the order of bid price offered.
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L..Galea
Mar 14th 2009, 22:35
Can we have a breakdown of by whom the stocks were subscribed?
There are people who have money to burn and there are people who are not making ends meet.
Were any taken by banks and if so how much?
GiovDeMartino
Mar 14th 2009, 10:57
AJMA X'GUH HAW !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!