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Online Share Trading

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Mondi IPO

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Occasional Contributor
Is there any idea as to what this share will open at? Would this be considered a good buy?
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Super Contributor
The maths is given fairly clearly in the announcements - essentially 9 Anglo shares will morph into 10 local and 25 london Mondis. That would thus be the launch point - but to where?

My guess is that plenty of Sappi guys will far rather be riding the more robust results trajectory of Mondi (hence buyers) - but the Anglo distrib means palenty of people are going to be Mondi holders whether they like it or not (hence some sellers).
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Occasional Contributor
Thanks for your input.
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