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Mercator Lines
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jackjames
Elite |
14-Dec-2007 12:01
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what make them want to throw at the first day? 0.54 millions , that's not a small shareholder. |
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s5504703
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14-Dec-2007 10:04
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http://www.mllindia.com/FinQuarterlyReport.asp | ||||
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s5504703
Member |
14-Dec-2007 09:48
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Is it being shorted???....short sell by someone??? ...hope it will move up to its IPO price today.....shipping lines are booming...guess this need to wait a bit b4 it moved up.
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s5504703
Member |
14-Dec-2007 09:43
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so there are still chances of moving up...rite...Mercator...cheong aRrrrrrrrrr
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limhpp
Veteran |
14-Dec-2007 09:38
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They issue the lower end of an indicative range of S$0.76-S$0.94. |
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jackjames
Elite |
14-Dec-2007 09:35
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is it???? how come? i thought it is 0.94? they reduce the IPO price is it? | ||||
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limhpp
Veteran |
14-Dec-2007 09:32
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jackjames, The IPO price is 0.76....... so, at 50% is only 0.38 ! hehe 
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jackjames
Elite |
14-Dec-2007 09:28
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look like uniasia lei.. okay la.. 50% discount, we go in.. so, 0.94 / 2 = 0.47 ! |
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jackjames
Elite |
14-Dec-2007 09:26
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if it drops too pathetic maybe can buy and contra ... who know it's like hyflux trust down 0.69 then, up to 0.94 in 2 days time.. never know ~ |
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limhpp
Veteran |
14-Dec-2007 09:18
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Ya, didn't apply for IPO for sometime..... 
SINGAPORE (Dow Jones)--Shares of dry-bulk shipper Mercator Lines (Singapore) Ltd. (EE6.SG) opened at S$0.76 on their debut on the Singapore Exchange Friday, the same level as the initial public offering price. Mercator offered 270.2 million shares, comprising 259.3 million shares for institutions and 10.8 million shares for the public at S$0.76 each, the lower end of an indicative range of S$0.76-S$0.94. Mercator plans to use the proceeds to buy vessels and invest in maritime companies. Mercator is the Singapore unit of Indian shipping firm Mercator Lines Ltd. |
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jackjames
Elite |
14-Dec-2007 09:11
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ha ha, forget about IPO man, 0.94 , now only 0.695 ! poor things. | ||||
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Pinnacle
Master |
14-Dec-2007 09:02
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Nice picture. Reflecting it's share price now. | ||||
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178investors
Veteran |
12-Dec-2007 22:45
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bh704428
Veteran |
12-Dec-2007 19:27
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so how many lots u got? | ||||
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edfinity
Member |
12-Dec-2007 19:16
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Bought some mercator IPOs and eventually got half of what I've bought. Anyone out there able to advise how is it going to be like during trading on friday? scary mannn.... | ||||
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