When shares are oversubscribed, the promoters may decide to scale down. When this is done, the shares are issued proportionately? by Sunday | Jun 5 | Accounting WAEC | 0 comments A. on pro-rate B. at discount C. at par D. at premium Correct Answer: Option A A. on pro-rate Users Also Read These:What will be the number of shares to be issued to a…Debentures issued at a price above the nominal value…If a given change in price brings a proportionately…If 30% of the purchase consideration was in cash and…In an attempt to correct a deficit balance of…