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Ann: Successful $114m Institutional Placement, page-29

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  1. 68 Posts.
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    I got in at IPO as an existing customer. Reason for holding - I got in at IPO as I couldn't be happier about the level of service we received from ABB, and I still am happy. They have also been kicking goals. The fact that the cap raise at $4 got mopped up by institutional investors in such a short time frame, that shows confidence and that has set a floor of $4 in the near term. The big guys would've done their DD before buying in, so I'm happy with the fact that they didn't think $4 was overvalued
 
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