I hope every one of you know about IPO. IPO is Initial Public Offering. It is just selling the company’s stock or share to the public for the first time. Th main reason is to expand their business. Its really a depraved year for the investors those who were invested in the companies that offered Initial Public Offering. More than half a companies that came out with introducing Initial public Offering were below the offer price now!! Now the investors are really scared to invest in a company that is coming up with IPO. Some companies ended in gains and even though there as some gain it was jut cumulative. There is a nice name for IPO and is nothing but Idiotic Price offering. No doubt that this nick name as named by some of the affected investor. There is also a sentiment that the price of th IPO will surely go down after some days. But still many Private sectors are very sure they can yield profit in Initial public Offering. One famous CEO revealed that the IPO’s should be decided in a considerable way so that it won’t go down or it wont be volatile.
Archive for December, 2009
IPO and 2009
Thursday, December 24th, 2009Worldspace Radio
Sunday, December 6th, 2009Oh! Its a sad news for all Worldspace Radio listeners. The Worldspace Radio is going to standstill from December 31st 2009 onwards. The reason they told to their subscribers is that company is running in bankruptcy and so they are going offline from December 31st onwards. Worldspace Radio has more than 4.5 millions subscribers worldwide. On the other side there was some glimmer for the subscribers because one potential buyer is planning to take over Worldspace Radio so that it may continue its service soon!! The company also told that refund of payments will be done in the starting of next year. Worldspace Radio was providing all varieties of things like news, sports, music, educational programming and many more… So all the patrons will be receiving a mail soon in their inboxes!! Worldspace Radio was covering most of the southern parts of Asia. They are direct delivery of digital audio and radio services in southern parts of Asia. One sad news is that some of the creditors are very new and just 2 months old. They will be expecting for a refund under US bankruptcy law. They were also providing Multimedia services around the world via Satellite and all of these are going to standstill from December 31st 2009 onwards!!

