Skip to main content

IPO Chilli Ratings

IPO Chilli Ratings
Click to understand how it works

Featured

Singapore IPOs: Why I No Longer Cover Every Listing

Some readers may have noticed that I have not been writing about every Singapore IPO since last year. The simple reason is that life has become busier. Between my day job, an increasingly packed travel schedule, family commitments and desire to play more golf, I have become much more selective about how I spend my time.  Writing detailed IPO reviews takes time — reading prospectuses, analysing financials, comparing valuations and understanding the competitive landscape. While I still enjoy investing and writing, I no longer feel the need to cover every IPO that comes to market. Instead, going forward, I will probably focus only on IPOs where I am seriously considering investing my own money or where there is something particularly interesting that is worth discussing. I suspect this will make the blog more useful as well. Rather than writing about every deal, I can spend more time sharing my thoughts on the handful that I believe deserve attention. That bring...

Novo Tellus Alpha Acquisition ("NTAA") - balloting results

NTAA announced that the IPO was about 3.4x subscribed. 

The balloting table for the public offer is presented below:

If you have applied for the shares, you will "100%" get something. Investors who applied for 10,000 units (or $50,000) will get 1,800 units (or $9000 equivalent). 

Good luck to those who applied. You will have to "wait it out" for the acquisition before you see significant price movements. 

Happy Novo Tellusing!



Comments