ZIM
$ZIM Integrated Shipping (ZIM.US)$ down on the first day of IPO. Israel’s shipping company with 50% of profit as divident. Seems everyone like Tech nowadays.
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Seand : We are selling 14,500,000 of our ordinary shares.
The initial public offering price is $15.00 per share. Prior to this offering, there has been no public market for our ordinary shares.
Seand : small Israeli container shipping line with about 1% of transpacific market share. only 2% of capacity is owned, I wonder what will be the consequeces for them with rising vessel price?