Pal this is from EY - Global IPO volumes fell 46%, with proceeds down by 58% 1H year-over-year. To say the IPO market has been fine is rubbish...
“Did an offering, didn’t find appropriate support and withdrew, quite normal.‘. Ah that’s not what companies actually want....it costs you money and you get a black mark against you as a failed run at the boards and investors think twice about your stock.....just ask Latitude Financial on that one. You do realise if you have a failed IPO run, you probably have to let the dust settle (>1 year before you go again).
“Some succeeded, some didn’t, some up, some down.” Anything that launched January to June is down I’d imagine, hence why you’re no doubt focusing on July....I’d prefer ISX to pick a window where the chances of a successful IPO are higher.....if you don’t want them to raise money with the listing, then why do it if management are not certain of being successful. BTW It’s a great time for tech to IPO, you know as tiger global just writes down its tech fund by 50%....haha
http://www.copyright link/personal-finance/specialist-investments/tiger-global-blames-inflation-as-flagship-hedge-fund-down-50pc-20220804-p5b79r?btis
