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What Is Meant by an Oversubscription of a Share Offer

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Essay

What is meant by an oversubscription of a share offer?
Explain the two approaches that could be adopted in the case of an oversubscription.


Definitions:

Asbestos

A group of naturally occurring fibrous minerals used in building materials, but known to cause lung diseases when inhaled.

Influenza

A highly contagious viral infection of the respiratory passages causing fever, severe aching, and often leading to serious complications.

Pleuritis

A condition in which the pleura become inflamed, which causes them to stick together. It can also cause an excess amount of fluid to form between the membranes.

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