Re: Any idea when IPO for Ortsbo might come to life ?
posted on
Feb 15, 2012 05:57PM
The US underwriter(s!) will have a strong infuence on the timing and I am certain that they will time it for the biggest effect based on their expertise and market assessment. We will know more when the record date is announced and my guess is that the record date could be announced any day now, but probably won't be for another week or two based on the fact that they just gave us an update.
However, I certainly wouldn't sell now on the assumption that you could buy back before the announcement. Too much risk.
Rip