Alibaba – swindles below IPO

Alibaba stocks have taken a beating. The once hyped stock has been plagued on a bearish slope since the 2014. The stock that has a market cap of around $165b and a P/E ratio of close to 42 will not take well on the Chinese devaluation of its currency. Alibaba stock is closely tied to […]

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An IPO for High Frequency Trading firm Virtu Financial $314m

The plan has been in play for a long time but the bestseller “The Flash Boys” has meant that this IPO was put on hold for 1 year. Virtu thinks that the negative publicity is long gone and investors are ready to take up the IPO given financial results. Virtu is seeking a valuation of […]

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Medibank Privatisation – Wait a minute…

The IPO has been assigned to be managed by Deutsche Bank, Macquarie and Goldman.

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