Firering Strategic Minerals: From explorer to producer. Watch the video here.
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ZHENRO SERVICES GROUP LIMITED (06958) Prospectus Not more than HK$4.70 per Offer Share and expected to be not less than HK$3.60 per Offer Share. Allotment Price HK$4.55
Smoore International Holdings Limited Prospectus HK$12.40 per Offer Share. Allotment HK$12.40
Immunotech Biopharm Ltd Prospectus $10.50 to HK$11.00 per Share. Allotment HK$11.00
ADTIGER CORPORATIONS LIMITED Prospectus Maximum offer price HK$1.00 per Share. Allotment HK$0.86
Ocumension Therapeutics Prospectus HK$14.66 per Share. Allotment HK$14.66
GREENTOWN MANAGEMENT HOLDINGS COMPANY LIMITED Prospectus HK$3.00 per Share. Allotment HK$2.50
So does this imply the CNEL will trade on the HK market roughly 4/5x its current market value on AIM? Just want to make sure I'm fulling understanding this...?
i wouldnt say x4/5 times. the price will be published tomorrow and that should be minimum 11p up to 13.2p after that would depend on depand on first day of dealing could drop or rise. just need to see what happens after the move
AH that's great - appreciate the comments. Will publish through HL or a different source?
will be on the HKex news feed (link poated in previous messages) if its through the night HK is 7 hours in front of us. they have until 10am uk time to publish news on ipo price and listing price. i expect a RNS at 7am tomorrow either on this platform or another that has RNS news feed (like investegate.co.uk). HL may send out a message to holders im not sure.
one way or another someone will post details on this chat by tomorrow morning
The allotments seem to come in about 20% below the high price estimate, so if we are at 10.3-13.4p it would suggest maybe something close to the mid 12.5p to high 12.8p range as a guesstimate. All guess work but I someone in HK probably knows the price by now, they just need to type up the announcement for either tomorrow or early next week. If we don't hear anything tomorrow it would suggest its a done deal as the BOD would have to call it out to AIM if its not happening IMO (Which I don't for one minute believe will be the case).