It IPO offer of 45 million shares at 26cts is at 6x it's historical price to it earning ratio, represent about 25.5% of CocmaSteel's enlarged share, capital of 176.2 million shares.
IPO will open next Monday, close at noon on 20 June (Wed) and shares are expected to start trading on the mainboard on June 22, 2007 (Fri).
Date Document Type Document(Click to view/download) Document
08/06/2007 Prospectus Cosmosteel Final Prospectus (clean).pdf
1 million shares is offer to public, 44 millions shares is placemennt out.
This offer from Cosmosteel Holdings is launched immediately just after SinGheeHuat ipo offer at 33 cts been very successfully IPO and traded on it 1st trading day.
Now closed at $0.585 cents (a premium of $0.255 cents or a 77% in real premium profit)
Cosmo will also be another SinGheeHuat as non other ipo is on offer..
这个公司主要做offshore and marine 的管道业务的. 只有1M public offer, 可能比 SinGheeHuat 还要热！！！
