Interesting analysis - historically accurate, but we need to ask some specific questions which will impact its next 24 months of operations:
1. What percentage of the IPO will be funds received by the Company, vis a vis received by its existing Investors (Issuance vs Offer for Sale) ?
2. Profits as determined by pre-IPO accounting policies, will be very different from Listed Company Profit computation guidelines - past profits are no indicators of future profits !!!
3. In the short run, at least for the next 24-36 months, non-business travel will be a depressed market - isn't your money better invested in Pharma rather than a guaranteed depressed industry ?
Interesting analysis - historically accurate, but we need to ask some specific questions which will impact its next 24 months of operations:
1. What percentage of the IPO will be funds received by the Company, vis a vis received by its existing Investors (Issuance vs Offer for Sale) ?
2. Profits as determined by pre-IPO accounting policies, will be very different from Listed Company Profit computation guidelines - past profits are no indicators of future profits !!!
3. In the short run, at least for the next 24-36 months, non-business travel will be a depressed market - isn't your money better invested in Pharma rather than a guaranteed depressed industry ?