Market's view on Libertine Hold
Published on April 2024
- A shocking initial public offering (IPO) is predicted to fail by the end of the year.
- A significant decline in share price by 47% is observed in a single day.
- A company’s share is described as underperforming with a sarcastic congratulations for reaching 14 pence, highlighting dissatisfaction with its performance.
- Concerns are raised about a key individual not investing in the company at low share prices.
- The company issued 400,000 new ordinary shares to satisfy share entitlements, a move criticised by stock watchers.
- The company is actively seeking grant funding, which some see as overly reliant on taxpayer money.
- Broker registration issues prevent trading of a newly listed stock.
- The company is evaluated as overvalued at 51m with minimal tangible assets and a negative book value.
- Stock watchers speculate on the similar movement patterns of certain stocks.
- Positive remarks are made on shares returning to their starting price.
- Stock watchers express approval of receiving shares for free.
- There is a strategy noted of underpricing new shares at IPO for gaining attention and achieving valuation goals.
- Frustration is voiced over the lack of trade volume reporting despite ongoing buying activity.
- Curiosity about the naming convention related to zodiac signs in a context likely related to stock or product naming.
- An impulsive purchase of 100,000 shares is mentioned with self-acknowledgement of the rash decision.