Comments on: Synlait abandons IPO plan after disappointing response (Update 1)

By: Boris the Frog

Boris the Frog — Tue, 24 Nov 2009 08:09:43 +0000

Smells like the Lead Manager got a poor response from other broking firms… they didn’t want to support it by the looks of things… competition for cash is strong at the moment and I expect that while investors are looking for new things they are also being extra careful…

It was the right move to can the IPO, even though it is a bad look.

By: AndrewJ

AndrewJ — Tue, 24 Nov 2009 01:17:50 +0000

Latest on Dairy from Ag prod econ

http://www.agprodecon.org/node/36

By: David Hillary

David Hillary — Tue, 24 Nov 2009 01:10:26 +0000

correct link is http://davidhillary.blogspot.com/2009/11/bad-omen-for-south-canterbury-finance.html

By: David Hillary

David Hillary — Tue, 24 Nov 2009 00:57:42 +0000

another bad omen for South Canterbury Finance?

Well back on 12th Nov I picked up on David Hargreaves article ‘The IPO window shuts’ (see http://davidhillary.blogspot.com/2009/11/bad-omen-for-south-canterbury-f... ) as a bad omen for SCF’s proposed IPO, and this article seems to bear out what Hargreaves warned.