qrn ipo, page-4

  1. 2,948 Posts.
    lightbulb Created with Sketch. 17
    I also agree with you.

    It is a second big float after Telstra.

    QR website said they are going to give privledge to retail investors(mums and mads). Lower than Instos allocation price and long term holders incentives, etc.

    IMO they(Instos and overseas investors) naturally love this kind of stock regardless of company's growth story or current or future PE, etc. Naturally they focused on never fail company with concrete tangible comapny like QR.
    This is a typical infrastructure and transport company with certain customer base.

    I am going to apply as much as I can together with my family members. In worst case I can have some stag profit at the opening day.

    But everything is total investor's judgement and discretion and responsibility whatsoever outcome comes out.

    regards,
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.