LongNow, but as DTS says, some people pay excessive premiums in the hope of getting shares in the IPO. So the profits are artificially inflated.
Anyway, with a profit of 4% of turnover (2012 2.35%) on artificially inflated premiums, anywhere between $2bn and $4bn looks reasonable.
- Forums
- ASX - General
- medibank private float
medibank private float, page-50
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)