When the public wants to buy more of a company's share than has been offered for sale, the share is said to be

Assessment: WAEC SSCE - Commerce - 2006 (Objective) Subject: Commerce

Question 1 Report

When the public wants to buy more of a company's share than has been offered for sale, the share is said to be
Answer Details
When the public wants to buy more of a company's share than has been offered for sale, the share is said to be "over subscribed." This means there is more demand for the shares than there is supply, and the shares become scarce. When this happens, buyers may be willing to pay a higher price to secure the shares, which can cause the share price to go up. This situation is generally seen as a positive sign for the company, as it indicates high demand for its shares and can potentially raise more funds for the company if it decides to issue more shares in the future.

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