“‘The promoters halved the price… the $11 might have to be lowered… bankers were considering recutting the price… as low as $6’”
♫
Said on The Fin
“Pricing, which was supposed to be at $11, is starting to slip. It's looking like nine. By late evening, it's looking at 8.25. ... maybe it might hit six or seven.”
Chanticleer · Inside the Firmus fiasco, surcharge ban goes bad & French bond bin fire
Play from 10:48
10:48
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What was described
initially set the float price at $11 per share, then repriced down to $9, $8.25 and possibly $6-7 as demand waned
$11 → $9 → $8.25 → $6-7
Said nearby on the same subject
“People in WA had no idea what property prices were in Sydney… I took as much advantage of it as I could, buying as fast as possible.”
TH
Todd Hunter
Australian Property Investor ·
“We wrote an open letter ... tender offer price was at 6,700 ... I felt fair value was at least 30,000 Korean won per share ... zero shares were tendered ... controlling shareholders then pursued enhancing corporate value”
RA
Ryan Albert
The Acquirers Podcast ·
“They will hold this construction price for two months… as long as you can get your sales in two months, then we're good at that price”
♫
Said on The Deal with Adam Di Marco
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