Depends on the float price really - starting from a smaller base (i.e. a lower price), a hot ipo can easily go up about 50% or a lot more on open (refer A3D, CFO). At a higher base price, a hot ipo probably stags about 25-35%.
Murray River Organics IPO coming soon, page-291
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)