What does opt-out price mean in an IPO? Thanks?
Kasi asks:
So what is the difference between this opt-out price and IPO price? For example, when a company has an IPO price of $10 and a opt-out price of $8, so the ibanks start selling at 10 and stop if the price go under 8? Thanks!
So what is the difference between this opt-out price and IPO price? For example, when a company has an IPO price of $10 and a opt-out price of $8, so the ibanks start selling at 10 and stop if the price go under 8? Thanks!
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IF the cost drops past the opt-out cost, you can automatically sell them on - you will have set this with your broker before hand so he doesn’t need to ask your permission