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
-0.015(1.29%) |
Mkt cap ! $1.195B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.15 | $1.15 | $3.175K | 2.761K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7738 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 7500 | 1 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.15 |
Change
-0.015 ( 0.43 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.15 | $1.15 | 500 | ||
| Last updated 11.23am 07/05/2024 ? | |||||
| LFS (ASX) Chart |