Touchcorp, page-65

  1. 741 Posts.
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    For those of us that are in Touchcorp it lists on monday 31 March at this stage according to Prospectus. The ASX has not yet confirmed this date.
    In my view, stocks in this space sell for ridiculous prices.
    The problem with high prices is that price comparisions with other highly priced stocks makes pricing very volatile.
    Evidently, the closest look a like is Euronet and if Touchcorp priced like this company then it should trade for about $2.20 !
    ( Euronet is about 30 times bigger than Touchcorp )
    This comparison is interesting. Skydive the Beach is currently trading around 70 percent of its much larger peers in terms of valuation.
    If you would like to make this comparison then Touchcorp should trade around $1.55 on listing. Giving a stag of about 11 percent.
    MY QUESTIONS
    1. WHAT PRICE DO YOU THINK IT WILL LIST AT ?

    As always, interested in your views.
 
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