i don't understand . pre-ipo this company had negative equity . ie. liabilities exceeded assets. Post ipo the pre-ipo shareholders still seem to have a big shareholding yet the ipo bailed their company out from being balance sheet insolvent. something doesn't quite smell right . am happy to be corrected?
IPO - Johns Lyng Group Limited, page-23
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$3.67 |
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Mkt cap ! $1.022B | |||
| Open | High | Low | Value | Volume |
| $3.63 | $3.67 | $3.54 | $8.030M | 2.215M |
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| No. | Vol. | Price($) |
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| 1 | 5960 | $3.65 |
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| Price($) | Vol. | No. |
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