KION have set the share price at between Euro 24 - 30 per share and are only making the offer open to people in Luxembourg and Germany. the closing date for the offer is today. wonder if it was full subscribed or do the banks have to bail the IPO out. What will be interesting is on the 28 of this month when they start to trade to see how big the fall will be in the open market. The underwriters will want to get rid of them at whatever loss they can. The real value with Weichai power owning 30% equity and being able to take up to 50% plus the original deal would value the share at between Euro 8.00 and 12.00 well under the value of the float.
This is ONLY to be used to report flooding, spam, advertising and problematic (harassing, abusive or crude) posts.