http://www.parchayi.com/2006/08/15/no-oversubscription-for-me/ Introduction to Investment, Credit and Personal Finance for Us Regular Joes Mon, 01 Dec 2008 17:37:48 +0000 http://wordpress.org/?v=2.6.1 http://www.parchayi.com/2006/08/15/no-oversubscription-for-me/#comment-22 Parchayi.com - Personal Finance Simplified » Yes, Oversubscription for me! Fri, 18 Aug 2006 13:53:50 +0000 http://www.parchayi.com/2006/08/15/no-oversubscription-for-me/#comment-22 [...] In a previous post, I mentioned that I did not get oversubscribed shares for IFN. However, that is officialy wrong. The shares got deposited today! Yipee. Some more free IFN for me. [...] [...] In a previous post, I mentioned that I did not get oversubscribed shares for IFN. However, that is officialy wrong. The shares got deposited today! Yipee. Some more free IFN for me. [...]

]]> http://www.parchayi.com/2006/08/15/no-oversubscription-for-me/#comment-21 Sidd Thu, 17 Aug 2006 13:54:41 +0000 http://www.parchayi.com/2006/08/15/no-oversubscription-for-me/#comment-21 Actually that is the thing that did not help us at all!!! If the NAV rose, we paid more for the shares!! and sold them for less because the premium dropped. Actually that is the thing that did not help us at all!!! If the NAV rose, we paid more for the shares!! and sold them for less because the premium dropped.

]]> http://www.parchayi.com/2006/08/15/no-oversubscription-for-me/#comment-20 Jeff Thu, 17 Aug 2006 11:44:06 +0000 http://www.parchayi.com/2006/08/15/no-oversubscription-for-me/#comment-20 Thats great! I did about the same thing and came out a head a little bit. I ahd no idea how it would work out, but it worked out well. One thing that helped us is that from the subscription date the NAV continually rose. So, although the share price tumbled down to 3% above NAV, this was significantly higher than the 34.00 subscription price. Thats great! I did about the same thing and came out a head a little bit. I ahd no idea how it would work out, but it worked out well. One thing that helped us is that from the subscription date the NAV continually rose. So, although the share price tumbled down to 3% above NAV, this was significantly higher than the 34.00 subscription price.

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