Sheffield Green announced that it attracted "strong" interest from both placement and retail investors. I am sure both Niks and Sheffiled use the same dictionary for the definition of "strong".
Given how Niks performed on Friday, it will take a miracle for Sheffield to open above water tomorrow and given how likely it will debut below water, I will declare that our Singapore IPO window is dead (again).
Anyway, the public offer was 1.4x subscribed (not "oversubscribed as indicated in the press release).
Fingers crossed on how this IPO will perform tomorrow.
Given how Niks performed on Friday, it will take a miracle for Sheffield to open above water tomorrow and given how likely it will debut below water, I will declare that our Singapore IPO window is dead (again).
Back to grass eating time and I have dutifully performed my national service as well. 🤕
