DDH: 25% IPO discount

  1. 1,384 Posts.
    lightbulb Created with Sketch. 445
    I personally feel that DDH debut today enabled us to buy its share at a 25% discount price, merely due to the fact that all technical shares were hit hard for last few weeks because of what's going on ASX and NASDAQ. This could be a completely different proposition if it would be a normal day of trading and DDH could be 25% up from IPO issue price.

    The financial looks good and the company is profitable, with a lot of focus on the mining exploration after COVID issue settles down, this will gain momentum in no time before the market knows about its debut. Good luck with the new holders.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.