Well surprising results for me, as I got all my applied shares from the Public option aka White form application and NONE from the Blue form which is only for Maxis subscribers.
Lots of people are disappointed for not getting any, especially disappointed are those applying from the Blue form. I mean I'm more disappointed from not getting from my Blue form compared to what I've got from my White form. Maybe due to the expectations that the Blue form application are assumed to be almost guaranteed 'success'.
Even broking houses are not spared the despair of not getting any allocation they bid for. A fund actually rejected their allocated portion because it was too small and the costs is not worth the effort. Though most complained of their small portions, some are delighted they got a share and due to shortage of allocation for all funds, they expect the share to appreciate higher.
Well at the end of the day the markets will determined how high or low Maxis will go. Hopefully I can unload a few before the 1st day is out.
Thursday, November 19, 2009
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