Singapore Institute of Advanced Medicine Holdings Ltd
Singapore Institute of Advanced Medicine Holdings Ltd ("Sam" or the "Company") is offering 114m new shares comprising 4.415m Public Offer Shares and 109.585m Placement Shares at $0.23 each for a listing on Catalist. The Company aims to raise $26.2m and the majority of the proceeds will be used to repay debt and the balance for working capital. The market cap based on the IPO price is $231.8m and the offer will close on 14 Feb at 12 noon and starts trading on 16 Feb 2024 at 9am. Principal Business SAM is a healthcare service provider using advanced technology for early and accurate diagnosis to detect and treat cancer, neurodegenerative and cardiovascular diseases. SAM has strategic collaborations with public and private institutions for research and clinical work. SAM's goal is to create a comprehensive one-stop ambulatory cancer centre to undertake the challenges to fight cancer and is one of the first to adopt proto beam therapy treatment in Singapore. Fi
Comments
But how did you get 40 lots ? Unless you applied twice which is not allowed , or you have 2 accounts ???
But it's true that for that band, the chance of a successful ballot is highest
How to trade below ipo price? Just not possible.
There is not a single pre-ipo investor. Apart from the owner, Mapletree investment, the rest were all placed or balloted the shares with 0.93.
Unless, there are VERY VERY POWERFUL SHORTISTS, no way that the share price could go below ipo price of 0.93.
All the placecees who did not get enough will rush in to buy ...
http://madstranger.blogspot.com/2012/09/how-to-read-ipo-balloting-ratio-table.html?m=1
Any target price if not sold yet ???
So you not holding it for the yield? What would be a ridiculous implied valuation?
Sold partially and still holding. :) no target, just ride it until the implied valuation is ridiculous.
8 March 2013 12:54
Hi , the price has been hovering around 1.05 for quite sometime.
Are you still holding or have liquidated all your shares ???