Too early to tell you could be right down the track:cool:
Printable View
$6.50 open well done holders ;at this point.
$6.70 and climbing, will be interesting to see what happens in the next week or two.
Just about 14% of shares sold at IPO traded as existing shareholders in lock up.Very profitable first day trading for them
Got a small parcel today, will be buying over the next 3 weeks.
Game on for the Orion software development pipeline and the share price when its included in NZX 50 & the fundys need to buy
http://www.nzherald.co.nz/business/n...ectid=11364724
http://www.stuff.co.nz/business/indu...a-cool-billion
For everyone who went into the IPO, I salute you.
Regarding your index comment though Kiora, I have never been able to work the liquidity and float calculations that the NZX use for inclusion into the NZ50. The rules are here I think:
https://www.nzx.com/files/static/Equ..._June_2012.pdf
I would have thought that with McCrae holding so much of the shares, that the free float calculation would exclude Orion from the index. I'm not sure but if someone with greater brain power could work the maths example here, I would be forever in their debt.
GS