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0.00% 27.5¢ ambassador oil and gas limited

recommended takeover of ambassador by drillsea, page-24

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  1. Anton Chigurh
    13,066 Posts.
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    30/05/14
    12:21
    Post #: 13437643
    Thanks Oily,

    My thoughts on IPOs (and anecdotal evidence suggests it seems to hold water) is that any IPO that retail investors can get their hands on is usually rubbish.

    Any decent IPO will usually have heavy institutional backing and only the s.708 investors will get a look in, if at all.

    Can you advise how the bookbuild is going so far on Patriot?
    AQO Price at posting: 27.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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