Post by
templetooth2 on Nov 22, 2022 2:39pm
What has company said?
From what I can see, on Oct 27 Fairfax India stated it was a long term shareholder in the Bangalore airport with no intention of selling.
On Nov. 16 Bloomberg found an anonymous source that claimed the company was considering an IPO for the airport.
Seems reasonably clear to me that Bloomberg is spreading a rumour for possibly nefarious purposes. Probably some holder who wants out started this rumour in hopes of boosting the share price or creating volume in an otherwise moribund stock.
Comment by
Method on Nov 29, 2022 8:48am
An IPO does not mean FIH is selling any of its own stock. Primary issue is important for development projects. They have discussed an IPO for sometime.
Comment by
ogod00 on Mar 28, 2023 4:31pm
any word on bangalore ipo? on another note can anyone explain the outlandish pay package the ceo and cfo are collecting? for doing what exactly at 500 dollars an hour in case of ceo with close to 0 skin in the game and 250 an hour for cfo with 0 skin? stock has underperforment since ipo !!!