RE:RE:RE:RE:RE:RE:Rights Right you are! I only claim to be a little bit smarter than your rancher pal. But I did receive 907% of my original rights allocation as my over subscription (and I asked for 1000%) which is a smidge above the 65% you said was the most that one could receive.
So I don't really know how the over subscription works, but clearly lots of rights were available to those who wanted them.