Talking price expectations for Adairs when it lists on Wednesday this week.
Nani was spot on with his Superloop price of $2 plus on day one. His sources are saying per posting above do not be surprsied if you see a three plus on listing.
Per my previous post on this thread my summary was a great business being sold at an expensive price but still cheaper than some of its peers.
Since this IPO started the overall market is down about 5 percent. I think this is worth considering.
If Adairs is priced at an average of all its peers ( Beacon, Scali, Fantastic, Godfrey and Lovisa ) then should trade at $2.70.
If priced similar to Scali or Lovisa then $3.10
If priced similar to Beacon then $3.80
Suspect may trade in the range of $2.70 to $3.10 based on above comparisons.
Keen to hear everyones views on pricing on day one
- Forums
- IPOs
- Adairs.........IPO
Adairs.........IPO, page-61
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)