jlend
Member of DD Central
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Post by jlend on Aug 10, 2017 9:31:54 GMT
The majority of ORB market bonds trade above their issue price - be interesting to see what happens with this one. looks like they will run with bond applications being permitted for the full offer period. Thus a closing date of August 4th. If memory serves, I think EROS was the last ORB listing not to close early. With no early closing it could indicate a poor uptake and with institutional and large investors staying shy of the offer. This being the case it does not bode well for an above par value from the outset. Trading just above par at the moment
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