This ipo is too vague.
Issuing 5 million shares but only 1 million available at Havelock.
The Fund is divided into 5 million (5,000,000) units each of which represents 1Gigahash per second.
The price of each unit is 1.25 mBTC (0.00125 BTC).
Forcing AM shareholders to buy or div will not be possible.
Sorry for making you confused about it.We have added more information:
The Fund is divided into 5 million (5,000,000) units each of which represents 1Gigahash per second.And this IPO is set to 5 blocks,each block is 1PH(1,000,000 units). If one block is sold out,the next will start automatically.