So balloting results for public offering of Prime US REIT (SGX: OXMU) is out since a few days back, everyone applied got something! And then they debuted at 2pm earlier today.
I got what I applied for – 1000 units and I have updated this in Stockscafe. Just a few days back, I blogged about my application as well. I will do the update to my portfolio when it’s time for 3Q2019 updates. :)
Overall, the receipt is lukewarm – It’s been attributed to the following:
REIT IPO Fatigue Sentiment of US Economy But hey, at least it was not under-subscribed, and I think that’s what mattered.
Several bloggers in the community also shared their view on the balloting results and you may want to check these out.
Opening Day results
Here’s some data for the opening day performance – Courtesy of Investor.io
Prime US REIT