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Could you help clarify this? In my experience the only things that seem to matter are the offering bank and the financials.
by wavesplash 17y ago
Could you help clarify this? In my experience the only things that seem to matter are the offering bank and the financials.
- sachinag 17y agoHaving the "stamp of approval" is a bare minimum requirement to go public; you can't find enough buyers of the securities without it. The pricing, as you say, is affected by the financials and (I dispute this, but hey, it's not germane) the underwriters.