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The offer was OVERSUBSCRIBED with 211 million shares of HAL offered and they will only be able to accept about 40% (I think the max offered shares HAL was able to bring in is 85.3 million). They had approx 999 million shares outstanding (996.47 million float) so only reduced their shares outstanding by 8.5%

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Not sure what to think of the oversubscription!

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