When you say, you will be surprised to see the stock around $12 this week, what exactly do you mean (higher or lower)?
Adding the numbers, we get to a 14-18$ share price assuming IPO is successful in range indicated by company.
I am more of a fundamental guy so I might be missing out on some of the momentum trading and other technical stuff. Can someone enlight me why are people lukewarm about the IPO in Brazil (most people and analysts see a 11-12 this week)? If successful, the math is amazing - 14 to 18 (see my previous post for detail on calculations). The risk is of course a miss.
karoon s a., page-2
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$1.79 |
Change
-0.048(2.59%) |
Mkt cap ! $1.428B | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.85 | $1.78 | $4.204M | 2.327M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 105209 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 140544 | 45 |
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| KAR (ASX) Chart |