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
Will you be selling all your placement shares on the first day of trading or will you keep the placement shares for long-term investment?
So can reveal if this ipo hit what price tomorrow, you will sell some of your placement shares?
And you intend to hold how many shares for longterm?
My Internet Banking shows Provisionally Alloted, however I also received full refund from DBS...
Means never get? Previously it shows successful or not successful, and if provisional usually means I got alloted some leh...
Confused now...
Option 1 - If open around below $1, hold. If open above $1, sell half keep half. If open >$1.20, run first talk later
Option 2 - Trail the opening. If weak, get out. If have momentum, keep holding until you get stopped out.
Option 3 - If really long term hold, don't look at the share price. Just zzz peacefully every night.