- Joined
- 2 March 2007
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Hey there
There is an upcoming IPO for LPM and im interested in it but dont know much abour IPO's etc. (trading in general really!)
http://www.asx.com.au/asx/floats/UpcomingFloatDetail.jsp?asxcode=LPM
did a little research on some suggestions about IPOs but would like some opinions too pleas!
basically its splitting away from Adultshop (whoknew!?) and listing at 20c a share. Has some known managers on bored and is being backed by Peter Yates (who seems quite known from what im reading) who wants a 12% stake.
I like the sound because its cheap and possible good growth potential. howewver its mostly with '3' right now and they arent the biggest providers here or uk..
anyone else looking into this?
cheers
There is an upcoming IPO for LPM and im interested in it but dont know much abour IPO's etc. (trading in general really!)
http://www.asx.com.au/asx/floats/UpcomingFloatDetail.jsp?asxcode=LPM
did a little research on some suggestions about IPOs but would like some opinions too pleas!
basically its splitting away from Adultshop (whoknew!?) and listing at 20c a share. Has some known managers on bored and is being backed by Peter Yates (who seems quite known from what im reading) who wants a 12% stake.
I like the sound because its cheap and possible good growth potential. howewver its mostly with '3' right now and they arent the biggest providers here or uk..
anyone else looking into this?
cheers