Daily BriefsIndonesia

Daily Brief Indonesia: Amman Mineral Internasional and more

In today’s briefing:

  • Amman Mineral (AMMN IJ): Potential Passive Inflows Coming Up Soon


Amman Mineral (AMMN IJ): Potential Passive Inflows Coming Up Soon

By Brian Freitas

  • Amman Mineral Internasional (AMMN IJ) listed on the Main Board of the IDX in July by raising US$715m in the largest Indonesia IPO for the year.
  • The stock did not get Fast Entry to any of the local or global indices given the low float, but there could be multiple index inclusions in the near future.
  • The stock is up 3x from its IPO price and there could be supply from some of the investors that got in at the offering price.

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