MoneyWeek

A temporary setback for Argentex

When a company floats on the stock exchange, the buoyancy of the share price represents a tension. Management wants to set a high price for the shares existing shareholders are selling, but that high price is anchored on future expectations. The higher the expectations, the higher the risk of disappointment following the listing though.

Currency trader was founded in

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek1 min read
Revive The Spirit Of 1994
unherd.com It has been 30 years since the opening of the Channel Tunnel rail link between Britain and the European continent, says Jonathan Glancey. “Politically, technically, financially and culturally”, the “chunnel” was a “profound achievement”.
MoneyWeek2 min read
The Inexorable Rise Of India
The relentless focus on the tech sector means you could be forgiven for thinking the US has been by far the top-performing stockmarket in the last few years – but it’s not. While America has done extremely well, there are a handful of countries beati
MoneyWeek1 min read
Petty Cash... Time To Switch
● The poor savings rates offered by the six big banks mean small firms are missing out on more than £200m of interest each month on their deposits. The big banks dominate the market for business savings accounts in the UK, but rarely pay competitive

Related Books & Audiobooks