qr - queensland rail offer, page-2

sign up for the offer but wait for the prospectus

an investor must be able to know with some certainty the forecast PE ratio and EPS (earnings per share)

the Myer IPO listed on too high a PE ratio and the share price suffered accordingly after listing

if QR does not disclose past financial performance plus future earnings forecasts then forget it

bear in mind the mining companies chose not to buy QR

the last rail IPO was AIO, which was a disaster for shareholders, as the chart shows.