Astrea VI lone wolf report (IPO)

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Summary 

I am not too sure why I am writing this. The bond is neither attractive nor unattractive. It gives a yield of 3 percent. There is probably some lunch money to be made for IPO stag(sell on first min after IPO)my guesstimation 50-100 bucks after brokerage fee for people applying below 50k. My guess it might trade around 1.02-1.03 at first bell. 

I wouldn’t bore you on the detail of the bond. Risk associated to bond needed to be considered if one is buying it for long term.

I might just apply and stag the IPO for some lunch money to have Ramen.

People applying below 50k will get a guaranteed allocation base on the prospectus. 

IPO application closed on 16th March 12 noon and trading will start on 19th March.


Warning

A rising interest rate environment may cause the bond to go below par value. 


IPO rating

How many wolves? Probably 3 wolves due to yield hungry savers jumping onto the IPO

🐺🐺🐺



Wolf ratings

🐺 Meow

🐺🐺Hot

🐺🐺🐺 Sizzling


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Disclaimers 

All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.




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