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Teraplast shares to increase by 5-15 percent during first trading days

Publicat la 29.04.2008, 21:00:00

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Teraplast shares to increase by 5-15 percent during first trading days
“I expect a most significant advance in one year, since the company will report good financial results,” said a broker with IFB Finwest, Mihai Chisu.

Transactions manager of Prime Transaction company, Alin Brendea, estimates that Teraplast stock will have a similar price to the one in the initial public offering (IPO).

The company’s IPO was oversubscribed by 4 percent. Investors subscribed for shares worth a total €15.56 ml. The most important investor was Raiffeisen Zentralbank, with 11 mln shares purchased.

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