Question:
Can anyone help me about this..i am wondering why diana shipping, tsakos and danaos corp engages in IPO at NYSE.
can IPO helps these companies to have excellent growth or does IPO guarantee business success??
can anyone help me about this...i need a full detail explanation.. no wikipedia details please..i already have it..thanks in advance..^_^
Answers:
by IPOs companies can arrange huge sums which can be later used for expansion. IPO does not guarantee growth or success.
When a company makes the decision to go public, it normally has expansion plans involved. The IPO gets money to the firm for business movement. An IPO does NOT guarantee success by any means, if anything the company is making life more difficult on itself due to increased regulatory actions by the SEC/NASD.
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