1
Equity Syndication is a group of investors in a held together by a bookmaker that determines opening (IPO) price for an equity based upon closed bidding by a group of participating investors (the syndicate). The syndicate are allocated the shares they bid for and won and take a commensurate profit/loss if the price goes up or down during the IPO. Essentially a pre IPO price discovery process that determines the IPO price of the equity. It is a process for price discovery, hedge risk of the initial fixed price offering, and generate cash before an IPO. Twitter - @Dancest8r
very close to $14.00
AUD1.90
According to costbasis.com it was 27.50
1
ni
1
Equity Syndication is a group of investors in a held together by a bookmaker that determines opening (IPO) price for an equity based upon closed bidding by a group of participating investors (the syndicate). The syndicate are allocated the shares they bid for and won and take a commensurate profit/loss if the price goes up or down during the IPO. Essentially a pre IPO price discovery process that determines the IPO price of the equity. It is a process for price discovery, hedge risk of the initial fixed price offering, and generate cash before an IPO. Twitter - @Dancest8r
very close to $14.00
AUD1.90
$2.75 adjusted for splits.
16.00
Visa priced its IPO at $44 per share on Tuesday, March, 18, 2008. The company raised $17.9 billion, making it the largest IPO ever in the United States.
According to costbasis.com it was 27.50
objectives of infosys
$84 (split-adjusted)