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IPO

This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.

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December 12, 2020 at 3:00 pm #599706
Noah098
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sir can the shares of a company ever be floated in the primary market without an underwriter taking a guarantee for it? As a measure to reduce the costs of listing
December 12, 2020 at 5:00 pm #599727
John Moffat
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There would be nothing illegal in doing this, but it would be very risky for the company because there is never any guarantee that all the shares will be taken up. If the shares are not taken up then the company would not get the money they needed.
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