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The IPO price may be artificially inflated due to pressure on Saudi families to purchase shares: https://www.ft.com/content/19363bfc-dbc0-11e9-8f9b-77216ebe1f1

• aembleton 7y ago
  Non-paywalled https://www.irishtimes.com/business/ey-entrepreneur-of-the-year/saudi-aramco-kick-starts-what-could-be-world-s-biggest-ipo-1.4070908 https://www.irishtimes.com/business/ey-entrepreneur-of-the-y... "Bankers say there is enthusiasm among Saudis for the listing, with domestic investors expected to comprise the bulk of the offering. Local banks are expected to lend heavily to Saudis to enable them to buy shares. Wealthy merchant families, many of whom were ensnared in Prince Mohammed’s corruption crackdown in 2017, have been pressed to invest."