Club Mulgoa

Wednesday, June 08, 2011

PWN and Eureka Report

The Speculator claimed to have collected 20,000 shares in PWN because he "applied" for it during the IPO. The truth is you only get around 17,000 shares as there was a scale-down.

The good thing for me, is after the float, the share price fell due to market sentiment. Since then, it has risen to 24c from a float price of 20c. Because I topped up before the rise, at 17.5c and 19.5c, my average buy price is actually lower than DH's.

Nice to be one ahead of him!

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