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.
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© 2008 Richard Thompson
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Thompson, R. (2008). Flotations. In: Real Venture Capital. Palgrave Macmillan, London. https://doi.org/10.1057/9780230594067_16
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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
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