Three traditional red flags to consider from the Vocation disaster
Livewire
Three traditional red flags to consider from the Vocation disaster. Back in February 2013, CLSA analyst Paul Graham said in a research note to clients that Vocation's share market listing carried some traditional red flags ... It is formed by three businesses merging at IPO (initial public offering); has a high-growth forecast for the first financial year; and the majority of the IPO proceeds were taken out by the vendors. In hindsight it was the perfect call. Read more: (VIEW LINK)
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise