Wednesday, October 13, 2010
Just applied IPO for GLP. Applied for 79 lots. Yes, it is overpriced, but at current market I am sure I can strike a winfall even if I am just allocated 4 lots. It will be part of STI index in time to come, similar to Capmalls Asia. Index funds will be mandated to purchase it, from us. :)
Eventually I was only allocated 3 lots, a paltry $600 paper gain on the first day. Oh well, its free money anyway.