That's the IPO value Samuel. The current market value of BGD before the trading halt is 4.5c (post-consolidation value) so technically IPO price offers 15% discount to the potential investors to the current market value of BGD. Shares hit 1.9 c. or 5.7c (post consolidation) on the announcement day. The question is now how the SP will perform on the listing day. If the value hold 4.5 c or raise IPO participants will be on the winning side. it will al come down to the IPO subscription levels, general market sentiment on the listing day and any positive pre listing anns that may get released by the company.
BGD Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
