The news coming out supports the fact that the IPO could have been successful with the bids - They could have listed with the demand however the quality of the book would have been poor this causing a negative start to the listing.
They wanted a cornerstone investor and didn't get one. Simple.
IPO - Latitude Financial Group Limited, page-47
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Last
$1.15 |
Change
-0.010(0.86%) |
Mkt cap ! $1.195B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.15 | $1.12 | $53.52K | 46.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3499 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 9496 | 1 |
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| Last trade - 14.36pm 04/10/2024 (20 minute delay) ? |
| LFS (ASX) Chart |