CDX cardiex limited
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This business is IPOing around the same time as us … may get a...

  1. Quiltman
    2,731 Posts.
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    02/08/23
    20:38
    Post #: 69123978
    This business is IPOing around the same time as us … may get a little more attention **** grin ****

    I thought the comments about the process were interesting.
    Roadshow first week, anchor investors rumoured, amount being raised known ( around $10B ), IPO price not set until following week ( assumption TBD based on roadshow response ).

    https://hotcopper.com.au/data/attachments/5476/5476095-a0d6a1345b04681974be41a76a602ddb.jpg

    Seems we are on SP of .17c based on market assumption that EGM states 100m shares and AUD$17m being raised from NASDAQ.
    So my guess is that this is the floor.

    But, is this the IPO price … given process above.

    We will know soon enough I guess.
    Last edited by Quiltman: 02/08/23
    CDX Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.001(2.50%) 		Mkt cap ! $18.39M
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