Abstract
FLOATING, or going public, is the natural progression of a growth company which is confident of its future and is akin to an adolescent achieving maturity. For a really good company which has a high quality of earnings, it is usually preferable to selling out, unless a trade offer is made for it at a knock-out price. The flotation process does not preclude a trade sale later, indeed it puts a value on the company which can enhance serious offers.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 2008 Richard Thompson
About this chapter
Cite this chapter
Thompson, R. (2008). Flotations. In: Real Venture Capital. Palgrave Macmillan, London. https://doi.org/10.1057/9780230594067_16
Download citation
DOI: https://doi.org/10.1057/9780230594067_16
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-30035-8
Online ISBN: 978-0-230-59406-7
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)