The much hyped Medibank Private (ASX:MPL) will hit the ASX boards at 12.00pm AEDT today, but what will be the first trade price?
The IPO brought in a lot of first timer share investors who may develop a taste for buying shares after opening trades above listing price.
Add you price prediction in the Comments section below.
On issue Medibank will have 1,652,401,944 ordinary shares fully paid, sold at $2.00 per share and 1,101,601,296 ordinary shares fully paid, sold at $2.15 per share.
For a total of 2.754 million shares.
What is the market cap.?
At $2, Medibank will be worth $5.5 billion
- $2.10: $5.78 billion
- $2.20: $6.09 billion
- $2.30: $6.33 billion
Although in current pre-listing $2.40 looks possible.
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