okay so with all the buzz happening about zain actively trading the isx on june 23rd, what are you all's strategy?
i have to admit that i may have jumped the gun on asiacell in 2013 at its ipo. although i have received nice dividend checks to help make up for it, i took a big hit from its poor performance. i definitely don't want to repeat those mistakes.
on the other side though, from how i am reading things, TZNI (zain) will not debut like TASC did. instead of an IPO, they are going to simply allow the demand for the stock decide its price and so on june 23rd they will release 457B shares on the market. i think this may reduce some of the risk inherent in the IPO process like we saw with TASC. i also wonder what affect something this huge will initially have on the market. amazing times as we are seeing the isx's capital increase by leaps and bounds.
Thoughts?