I find it strange that a loss making company is passing up the chance to raise additional capital with an IPO. Read in a few articles that it's a way to save underwriting fees but doesn't the benefit of raising more capital worth the fees?
Is it because they know they can't place out the shares at their desired price? Not enough institutional demand?
Interested to hear your views or insights into this.
Submitted March 18, 2018 at 12:18PM by gopher12357 http://ift.tt/2IwWIzI
