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Re: [sharechat] Re: Chromel- IPO cost? Osbert

From:	"Osbert Sun" <osbert.sun@xtra.co.nz>
Date:	Wed, 23 Feb 2000 19:40:48 +1300

> So did Chrome cost 30c in the IPO, and close at 45c the day of float? --
Chris

Chris,
FYI -- CGB was priced @31c (NZ) at the IPO. It opened @95c but as the day
went the price declined to finally close @58c for the first day of trading.
The shares were traded briefly @45c before Xmas and then went up to the 50c+
range quickly. At the beginning of January, CGB made a record intraday high
of 72c (?) but closed for the day @61c. There were only 20 million CGB
shares issued at the IPO.

Regards,
Osbert Sun


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[sharechat] Re: Chromel- IPO cost? Osbert Chris

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