Wednesday, October 13, 2010

GLP IPO

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.

3 comments:

JW said...

$154k!!

You are a monster!

Musicwhiz said...

$600 gain sounds like a lot to me....haha! But then again, you're dealing with much bigger numbers! 6-digits! Wow :)

Kidding....

Musicwhiz

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