I already have a bad feeling about this OFS... the financial scandals involving the ex-CEO & CFO. Then the lawsuit at the last minute...
I still think it will be over-subscribed... massively over-subscribed coz of the price & very few shares on offer... but that is not what I am talking about...
It is an "Offer For Sale" not an "Initial Public Offering"...
Where is the (online) Prospectus? It should have been uploaded & available at 12.01am on 18 July 2007.
CT, if you still don't have a copy, D&B have one on their website which I have also atatched on our blog. Btw, have a look at their forecast assumptions...
ReplyDeleteThanks!
ReplyDeleteNote that they are forecasting the share price to go up by 5%, not fair i would say. I think they are being conservative, i would bet on 10%
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