clakajak
23rd Aug 2003, 08:59
With VB expected to float with an initial public offering (IPO) in the fourth quarter of this year, I am interested in canvassing the intentions of PPRUNE readers.
How many plan on jumping on board and for what sort of $$ investment. Anyone with market knowledge care to speculate on initial share price and/or limit on share no's per purchaser (I'm sure there's a correct term for that.....)?
Just curious, 'coz as an employee I have a lot of faith in their future performance and intend to invest to some extent, but my faith is tempered somewhat by the volitile nature of the industry given recent, obvious events.
My other half is with Flight Centre, and I can't help drawing comparison with their float in the mid 90's and their subsequent meteoric rise since (making many peoples' fortunes along the way). The structure, methodology, and business principles of both appear similar.
(Am about to start a 4 dayer, so if I can't fit the laptop, will check replies on my return....) :)
How many plan on jumping on board and for what sort of $$ investment. Anyone with market knowledge care to speculate on initial share price and/or limit on share no's per purchaser (I'm sure there's a correct term for that.....)?
Just curious, 'coz as an employee I have a lot of faith in their future performance and intend to invest to some extent, but my faith is tempered somewhat by the volitile nature of the industry given recent, obvious events.
My other half is with Flight Centre, and I can't help drawing comparison with their float in the mid 90's and their subsequent meteoric rise since (making many peoples' fortunes along the way). The structure, methodology, and business principles of both appear similar.
(Am about to start a 4 dayer, so if I can't fit the laptop, will check replies on my return....) :)