I also expect it to hold up reasonably well in the early stages. After that will depend on performance.
You don’t expect to stag LIC ipos so doesn’t attract fast money.
Also with this one note that almost 50% of the $500m is sticky with family offices, high net worth named clients and management.
I note the news it is oversubscribed, yet Commsec retail still accepting applications.
I also expect it to hold up reasonably well in the early stages....
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Last
$2.94 |
Change
0.040(1.38%) |
Mkt cap ! $673.2M | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.94 | $2.89 | $791.1K | 271.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 27081 | 2 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| HM1 (ASX) Chart |