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09-09-2022, 08:25 PM
#1161
 Originally Posted by Baa_Baa
That’s how private equity works, pump up the volume till your ears bleed, then sell out to those who might one day recover but probably won’t.
Can’t believe NZX lets this sort of IPO happen. Criminal really.
Flashback.
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09-09-2022, 08:31 PM
#1162
Originally Posted by huxley
59c! Not long till it’s $100m
Today....!
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09-09-2022, 08:33 PM
#1163
Originally Posted by Fiordland Moose
Down 16% in a week
Almost begs the question around continuous disclosure - wonder if RegCo will do one of its please explain things
Today .... !!! Market still looking for price discovery. Quite a lot below IPO now. 🤑
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09-09-2022, 08:39 PM
#1164
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09-09-2022, 08:46 PM
#1165
Originally Posted by RupertBear
My poor wee bear brain is suffering from Flashback fatigue  after all those posts Baa Baa 
Just an insight into the collective wisdom of Sharetrader members, those posts span 6-7 years. Sadly, we're exactly where the collective wisdom anticipated it would be, and the founders and PE were richly rewarded taking the IPO money from the unsophisticated staff and customers. A disgrace, shame on NZX for letting IPO's like this happen, and I'd like to see the Shareholders Association take a more proactive position on IPO's. So many are and have been complete disasters.
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09-09-2022, 08:46 PM
#1166
Member
Never touch anything private equity is trying to get rid of. Simple rule.
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09-09-2022, 09:22 PM
#1167
Member
Originally Posted by shareman
I said it at the start and Ill say it again: straight conjob, plain and simple
Cant be as bad as Intueri....$2.50 per share and after the delisting investors lost in excess of $200M oh wait... add Wynyard too....
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11-09-2022, 04:47 AM
#1168
The good thing about MFB is they’re profitable and have very low debt, going forward they might be able to make $10m-$15m profit p.a
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12-09-2022, 06:26 PM
#1169
Originally Posted by huxley
The good thing about MFB is they’re profitable and have very low debt, going forward they might be able to make $10m-$15m profit p.a
They're historically profitable. Who knows what the future holds for them?
Companies like this make me think the stock market is at times just a method for sharpies to grab money off the gullible.
Last edited by Recaster; 12-09-2022 at 08:02 PM.
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16-09-2022, 08:40 AM
#1170
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