Post by
mouserman on Jan 17, 2023 3:23pm
LBS leads the charge to new round of offerings
So Brompton taking advantage of latest pop in financials and a nice premium to do an offering.
Comment by
navgod on Jan 17, 2023 3:40pm
Fairly high volume and selling pressure on a day when most financial splits are flat to down pretty sure there was a leak which doesn't seem to be that unusual on Brompton offerings!
Comment by
navgod on Jan 17, 2023 3:42pm
Opps Correction "flat to up"
Comment by
ol_griz on Jan 18, 2023 10:57am
Can anyone explain why we are trading more than .20 below the offering? Seems extreme (and very annoying).
Comment by
EdPaquette on Jan 18, 2023 11:31am
The bleeding isn't over. Expect a 6% drop below the offering.
Comment by
marcrobert on Jan 18, 2023 12:56pm
yes more cash to pay the distribution using new investor capital... sort of poziesque as usual... might get more
Comment by
ol_griz on Jan 18, 2023 1:10pm
I hope you are being facetious! I'm assuming it will be used to build the fund. There's ROC here but the sp premium is not out of line, I believe. Where are we at, Mouserman?
Comment by
RusticHit on Jan 18, 2023 1:42pm
Good timing with markets rolling over 8.40 next support before 7.70
Comment by
flamingogold on Jan 18, 2023 2:48pm
I think markets ran a bit too high so far. Today is just one day, and everything could be back to running tomorrow. But, I will not chase. I would consider buying under $8, But, if markets were to give back, I might be inclined to get some DF which could provide for a better cap gain opportunity on a rebound.