MINIMAX-WP Completely Utilizes Over-Allotment Option
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
0mins
Source: aastocks
Over-allotment Option Exercised: MINIMAX-WP announced the full exercise of the Over-allotment Option, resulting in the issuance of 4.3796 million Offer Shares at HK$165 each.
Additional Proceeds: The company will receive approximately HK$697 million in additional net proceeds from the Over-allotment Shares, increasing public ownership of Class A Ordinary Shares to about 80.8%.
Analyst Views on 00100
Wall Street analysts forecast 00100 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00100 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 366.400
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Current: 366.400
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
