PAC 0.65% $10.69 pacific current group limited

GQG Partners, page-91

  1. 1,787 Posts.
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    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.
 
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