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Then, everyone will get a portion of the shares they wanted at $1.

Posted by: ndmaster (a.k.a JonHH) on Dec 21, 12:05 in response to DTravel's post And when everyone bids $1?

Remember, this is done in the real world all the time. Your scenario is very, very unlikely to ever happen.

Has there ever been any consideration given to IPOing stocks in a dutch auction/openIPO format? PRodNano Dec 17, 16:20

How do you expect that would work? DTravel Dec 18, 20:23

Easy, everyone puts in their bid before the IPO. Once the IPO shares are taken, ndmaster Dec 18, 20:43

And when everyone bids $1? {nm} DTravel Dec 19, 13:23

Then, everyone will get a portion of the shares they wanted at $1. ndmaster Dec 21, 12:05

It is done for _individual_ items, not something like HSX securities where there are an infinite number of the item. {nm} DTravel Dec 22, 12:35

Wrong. You are just looking at wikipedia. It is done in the real stock market. ndmaster Dec 24, 12:41

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