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22 sats \ 2 replies \ @zx 11 Jun \ on: Raspberry Pi IPO Set To Raise $689 Million news
I feel IPO is somewhat a misnomer as the retail public have nothing offered for the first week while the price pumps, but yeah, would be good to see a sustained growth in Pi.
Regarding the Raspberry Pi IPO, I'm not sure. But in previous IPOs, my bank allowed me to participate. However, it was common to have a share allocation and not get the amount I requested. Typically, if there's an expectation of high demand for an IPO, it's best to request many more shares than you actually want to increase your chances of getting allocated during the share allocation process.
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I see, maybe I'm mistaken in that retail have ways to get in on the early action, but I feel like the structure of stockmarket listings seem to contravene ideal market dynamics (being a level playing field for capital to invest in at the initial stage.) At least this is my observation of certain IPOs in the past that received institutional backing in tranches, and then finally open up to retail at large, only to tank shortly thereafter.
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