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Shoeshine
5 mins to read

Eroad gives tough lesson on IPO pricing and risks

Eroad shareholders must have had their hearts in their mouths last week when the company's share price seemingly fell off a cliff.

Shoeshine
Fri, 09 Oct 2015

Eroad [NZX:ERD] shareholders must have had their hearts in their mouths last week when the company’s share price seemingly fell off a cliff.

And that’s the problem with low volume stocks with high valuations based on the expectation of strong revenue growth.

All it takes is one disappointing

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Shoeshine
Fri, 09 Oct 2015
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Eroad gives tough lesson on IPO pricing and risks
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