Published on Fusu (http://www.fusu.com)
Eel.com, Warning.com Fully Subscribed
By fusu
Created 02/26/2008 - 23:27

Both Eel.com and Warning.com, Fusu's first IDO [1] Auctions, were fully subscribed and all shares were placed.

Both domains are now actively trading on the Exchange.

As per the auction rules, new Sell Bids were automatically created for 50% of the winning bids at a 10% premium of the initial share price. Therefore, investors can still buy shares in the domains.

Copyright (c) 2008 Fusu a.s. All rights reserved.

Source URL: http://www.fusu.com/blog/fusu/eel.com%2C-warning.com-fully-subscribed

Links:
[1] http://www.fusu.com/glossary/7