Phoenix Tree (Danke) IPO Trading - Tepid Demand but a Tiny Float Could Make It Volatile

394 Views17 Jan 2020 15:25
Phoenix Tree's (Danke) IPO was priced below its range at US$13.50/ADS while the number of ADS being offered was reduced by 10%. The company finally...
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Sumeet Singh
Head of Research, IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets
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