In this article
Time2U (1327) blows general mandate in 20% placing 6 months after IPO | Settlements
Company announcement, 5-Aug-2015
The placing via Black Marble Securities is at $0.40, compared with the IPO price of $1.10 and post-IPO NAV of $0.77. The company had no need for cash as it had substantial net cash after the IPO. Update: from settlements on 11-Aug you can see that part of the stock likely went to clients of Emperor Securities, Win Fung Securities and Gransing Securities.
Organisations
Topics
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy