“The payout got as low as $11. Now they've guaranteed $15 for this season”
♫
Said on The SME Stream
“‘The promoters halved the price… the $11 might have to be lowered… bankers were considering recutting the price… as low as $6’”
The Fin · The spectacular undoing of Firmus - and what went wrong
Play from 8:45
8:45
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
re-cut the IPO price from the initial $11 target to as low as $6 during the book-build
$11 initial target; re-cut to $9, $8.25, $6
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 ·
“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
“You can suggest that they make it as high as possible or as low as possible. With someone moving out of their main residence, they would want it to be as high as possible generally.”
TW
Terry Waugh
The Structuring Podcast ·
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