Question #129539
When listing on the JSE ( Johannesburg Stock Exchange), JPe Ltd. wishes to have a full subscription and a successful share issue. The company values its shares at R50 a piece,Expert investors and insiders value the share at R44 a piece, at what price should JPe Ltd. offer their shares in order for them to have the best chance of a full subscription
1
Expert's answer
2020-08-14T17:01:44-0400

JPe Ltd. should offer R45 a piece in order to have the best chance of a full subscription. This is because R45 is the price near to the one recommended by expert investors.


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