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To: SunkenCiv

Of course didn’t read it.... Whats the opening price target per share?


11 posted on 11/18/2019 1:32:16 PM PST by Quick Shot
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To: Quick Shot

1.5% of the company, 3 billion shares, a bit more than $8 a share.

https://www.cnbc.com/2019/11/17/saudi-aramco-ipo-set-to-value-company-up-to-1point7-trillion.html


15 posted on 11/18/2019 1:51:25 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Quick Shot
And my apologies, the IPO isn't the whole company, but it's still slated to be over a couple dozen billion dollars. The value of Aramco would be a paper value. Assuming that there isn't a decline from the IPO price, the House of Saud wants a valuation for Aramco of $1.7 to $2 trillion, a stunning amount.

17 posted on 11/18/2019 1:58:19 PM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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