UBS/GS not very good at IPOs, average at best.
If they smart, they set the price in the low $5 bn mark - put the stock in tightly held diamond hands, and get secondary market support to push the price up to the high $7 bn mark off limited liquidity.
If the IPO window doesn't close next few months, and the NASDAQ stop crapping its pants every few days, then we should get a pretty decent float.
The non-deal roadshow was quite well done by Rajiv & co.
GQG Partners, page-91
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Last
$10.62 |
Change
-0.070(0.65%) |
Mkt cap ! $554.0M | |||
| Open | High | Low | Value | Volume |
| $10.70 | $10.70 | $10.46 | $195.9K | 18.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 898 | $10.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.62 | 38 | 2 |
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| PAC (ASX) Chart |