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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (203)4/3/2000 2:03:00 AM
From: keith massey  Read Replies (2) | Respond to of 960
 
One more thing about TOM,

Monday Nov 29 1999

Mr. Randy Hung reports
TS Telecom's subsidiary, TS Telecom Technologies Limited, has recorded a subscription of approximately 200 times of the Hong Kong public offer. As a result, the initial allocation of the new shares available under the share offer has increased from 20 per cent to 40 per cent.


Even a stock that was fully priced based on the P/E ratio and had falling revenues at the time of the GEM IPO had a huge oversubscription and the company raised the amount being issued.

So what is going to happen with the SEG issue for $40 million US? . . . anyone want to take a guess.

Best Regards
KEITH