New IPOs going live TODAY (2nd July)

Think I’ll go see what Accolade is doing…:wink:

Ooft, the wee avatar is loaded already… now I have to buy it! #magpie

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Great tip! Imaginary retirement is gonna be sweet :joy:

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It appears not much at present lol

It instantly feels like a safer investment: it must be a winner, it’s got a logo and everything :joy:

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Or maybe it’s a sign … we are all about to take an "L"

Badum … tss. :drum:

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If someone has a :crystal_ball: , do tell which IPO is new “big” thing.

Wouldn’t mind spending rest of my life on :beach_umbrella:

Think it’s going live guys

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Yeah can see it on Yahoo. Just feeding through I guess. Bit lower than $54

At that price it’s a miss for me. :v: Have fun guys, im off.

How did they get access before us?

Well that was fun. Made about £60.

I never play IPOs or day trades but figured the hype was worth it.

Welcome to life as a retail investor.

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See you when Snowflake lands.

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Thanks Joey keep up the good work

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I don’t know, I was initially interested, but newspapers are talking of a 20 billion USD valuation for a 100 million USD revenue company. It seems like too much.
Assuming high profit margins of around 30% we would be talking of a P/E ratio of around 650…

Don’t be sensible now, we all know we trade on the hype :joy:

It’s an insurance company. The absolute best of them make a 10% margin. This particular one makes a 50% loss and will take 3-5 years to grow to $1bn in Premium/Revenue.

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That’s fine for the long-term investors then.

Apparently Baillie Gifford were in for $100m. Good enough for me.

Don’t even have to wait for a better price now. Can go in fractional and cost average.

What can we expect of Monday? Anything to check out?

Not unless Capstar (who delayed theirs) goes live then.

Other than that, Blue City Holdings going live Wednesday.