IPOs – Are they worth it?
I have been running a focused web page in my Share Market Toolbox on this topic for a few years now, ever since I realised that the chances of the average retail investor making money in an IPO are not great.
I have now added another stock to this list, to maintain a record of a number of stocks that have floated in recent years, and the resulting stock performance. You can see that web page here.
That web page now has 27 higher profile listings from the last few years – it is not a complete list, and it does include good performing stocks as well as poor performing ones.
The web page also provides an introduction to the topic of Initial Public Offerings (IPOs), including references to empirical studies, and authoritative research on the issues to be aware of.
The latest stock added to the top of the list is CropLogic Limited (CLI). See its share price performance here.
Happy investing / trading
Robert Brain (aka Brainy)