A PO­TEN­TIAL BUB­BLE BURST

Finweek English Edition - - INVESTMENT -

At­tacq had a hugely suc­cess­ful cap­i­tal rais­ing from its ini­tial pub­lic of­fer­ing (IPO) with re­ports that the shares were fif­teen times over­sub­scribed at the up­per 1 500c level. The board then de­cided to list the shares at 1 450c – all well and good, but fif­teen times over­sub­scribed! That means it had re­quests for f if­teen times more shares than it was is­su­ing, the ques­tion is if At­tacq re­ally is that awe­some? It may be

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