"QGM’s share offer is being made through broker-to-the-issue Martin Place Securities. The Prospectus offers 25 million shares at 20cents each to raise a minimum $5million, together with 6.25million attached options (1for4). There is also provision for over-subscriptions of another one million shares to raise an extra $1million. Options will be exercisable at 20cents by June 30, 2008. The Prospectus is downloadable on the website: www.qgm.com.au"
This was back in September, so maybe things changed, as on this criteria, not sure how it can be called an oversubscription!